OREANDA-NEWS. April 30, 2009. Russian Agricultural Bank was ranked 3 among 100 most reliable banks of the Russian Federation according to banks listing published by “Finance” magazine on April 27, 2009. Ranking was based on the working assets volume, reported the press-centre of Russian Agricultural Bank.

According to experts of Finance magazine amid the general decline in financial indicators of the largest banks, Russian Agricultural Bank, on the contrary, has shown upside trend. RAB’s rating was upgraded to A- from BBB+, following the increase of the authorized capital by RUR 45 billion in February 2009 and strong capitalization ratios.

Russian Agricultural Bank became one of the leading banks in ranking published by the Profile magazine. As of March 01, 2009 RAB is number four by net assets and by cash balance on corporate clients’ accounts.