Russian Agricultural Bank Is Awarded Premium Financial Elite of Russia
OREANDA-NEWS. On April 18, 2008 Russian Agricultural Bank became the laureate of the premium “Financial Elite of Russia” in the nomination “Efficiency and Profitability”. The premium was awarded based on Expert RA rating agency analysis, reported the press-centre of Russian Agricultural Bank.
In 2007, RAB’s share in agribusiness lending reached 54%.
Its loan portfolio exceeded RUR 292 billion; this is two times over 2006 result. RAB own capital amounted to RUR 48 billion, authorized capital – RUR 27,7 billion; working assets increased by RUR 217 billion and reached RUR 451 billion.
Balance-sheet profit amounted to RUR 5,7 billion, this is two times over the last year result.
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