Rosselkhozbank

Russian Agricultural Bank
Native name
 Россельхозбанк
Public
Industry Financial services
Founded 2000
Founder Russian Government
Headquarters Moscow, Russia
Services Banking
Owner Federal Agency for State Property Management (72.4%)[1]
Rating Ba2 (Moody's), BB+ (Fitch) (2017)[2]
Website www.rshb.ru/en/

Russian Agricultural Bank (Russian: Россельхозбанк) is a state-owned agricultural bank based in Moscow. In 2012 the bank had 78 affiliates and 1519 offices.[3]

The bank was established pursuant to the Decree of the then acting Russian President Vladimir Putin on March 15, 2000, to support the development of agriculture and agro-industry.

Russian Agricultural Bank is ranked No. 262 by Tier 1 capital in the World Top-1000 bank rating according to the July 2015 issue of The Banker magazine.

In 2006-2007, the Agricultural Bank has been an active participant of the priority national project "Development of agriculture ," and since 2008 has started to implement the objectives of the State program of agricultural development and regulation of agricultural products, raw materials and food for 2008-2012 .

In 2009, the Samara branch of Rosselkhozbank took over the debts of all the assets of Group Alicor, a major agricultural holding based in Samara.

For the FY2015, with 5,9 millions of clients, total assets for 3,22 billion of US$ against 2,95 billions US$ of liabilities, is without doubts, one of the major and solid players in the Russian market.[4]

References

  1. ↑ "Список аффилированных лиц". e-disclosure.ru. Retrieved 28 August 2017.
  2. ↑ "Рейтинг банков - 2017 (таблица)". Forbes.ru. 23 March 2017. Retrieved 1 May 2017.
  3. ↑ "ОАО "Россельхозбанк"". // rshb.ru. Archived from the original on 2012-06-23. Retrieved 2012-03-26.
  4. ↑ "Key investment highlights". www.rshb.ru. Retrieved 2016-07-22.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.