Key Investment Highlights
RusAg is a systemically important bank and one of the largest and most reliable financial institutions in Russia
Key Investment Highlights
One of the largest universal commercial banks in Russia (among TOP-5)
Second largest branch network with 65 branches and over 1,300 additional offices. Broad customer base comprising over 6 million clients
Credit ratings: AA+.ru, outlook stable, by NCR (National Credit Ratings) and AA(RU), outlook stable, by ACRA (Analytical Credit Rating Agency)
Diversified loan portfolio, reduced concentration risk
Leading position (market share) among Russian financial institutions in terms of lending to agribusiness and seasonal works financing
Key participant in the implementation of the State Program on Agribusiness Development 2013-2025 and other national programs to support priority sectors and segments of the economy
Extensive knowledge of agribusiness and related subsectors
Strong and experienced management team
Ratios*
31 December 2022 | ||
|---|---|---|
CET1 Ratio (N1.1) | 10.1% | |
Tier1 Ratio (N1.2) | 11.5% | |
Capital Adequacy Ratio (N1.0) | 14.5% | |
* Calculated based on Basel III requirements Source: Audited IFRS Financial Statements as of 31 December 2022 |
Key Financial Highlights
USD million | USD million | |
|---|---|---|
Loans and advances to customers | 45,178 | |
Total assets | 60,580 | |
Customer accounts | 47,813 | |
Subordinated debts | 1,911 | |
Total liabilities | 56,477 | |
Total equity | 4,103 | |
Profit/(Loss) for the year | 71.7 | |
CIR | 56% | |
LTD | 101% | |
Source: Audited IFRS Financial Statements as of 31 December 2022 Bank of Russia RUB/USD exchange rate as of 31 December 2022 = 70.34 |