Russian Agricultural Bank

Russian Agricultural Bank (Russian: Россельхозбанк) is a state-owned agricultural bank based in Moscow. In 2012 the bank had 78 affiliates and 1519 offices.[4]

Russian Agricultural Bank

Native name	Россельхозбанк
Type	Public
Industry	Financial services
Founded	2000
Founder	Russian Government
Headquarters	Moscow , Russia
Services	Banking
Revenue	$4.03 billion[1] (2017)
Operating income	-$251 million[1] (2017)
Net income	-$334 million[1] (2017)
Total assets	$49.5 billion[1] (2017)
Total equity	$3.26 billion[1] (2017)
Owner	Federal Agency for State Property Management (72.4%)[2]
Rating	Ba2 (Moody's), BB+ (Fitch) (2017)[3]
Website	www.rshb.ru/en/

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 million clients, total assets for US$3.22 billion against US$2.95 billion of liabilities, is without doubts, one of the major and solid players in the Russian market.[5]