Russian Agricultural Bank

Entity type image
Type: Company
Name: Russian Agricultural Bank
Nationality: Russia
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Moscow press review for May 16, 2013

MOSCOW. May 16 (Interfax) - The following is a digest of Moscow newspapers published on May 16. Interfax does not accept liability for information in these stories.POLITICS & ECONOMICSRussian Prime Minister Dmitry Medvedev on Wednesday unexpectedly called ... [Published Interfax - May 16 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Fitch Maintains Russian Agricultural Bank on Rating Watch Negative

Fitch Ratings maintained Russian Agricultural Bank's (RusAg) ratings, including its 'BBB' Long-term Issuer Default Ratings (IDRs), on Rating Watch Negative (RWN).Fitch expects to review the bank's ratings by end-H113, although any downgrade of the Long-term ... [Published Ak - May 15 2013]
First reported May 09 2013 - Updated May 09 2013 - 1 reports

Krasnodar Territory: police reveals theft of 5.5 billion roubles from "Rosselkhozbank"

The Russia's MIA has documented - in the course of the audit 25 episodes of stealing money from the Open Joint-Stock Company (OJSC) "Rosselkhozbank" (Russian Agricultural Bank) in the sum of over 5.5 billion roubles; the thefts were committed by two bosses ... [Published Caucasian Knot - May 09 2013]
First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

Fitch Maintains Russian Agricultural Bank on Rating Watch Negative

(The following statement was released by the rating agency) LONDON/MOSCOW, April 30 (Fitch) Fitch Ratings has maintained Russian Agricultural Bank's (RusAg) ratings, including its 'BBB' Long-term Issuer Default Ratings (IDRs), on Rating Watch Negative ... [Published Reuters - Apr 30 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

Agricultural Bank to Support Milk Producers

RUSSIA - The Russian Agricultural Bank, Rosselkhozbank and the National Union of Milk Producers (Dairy Union) are to work together on investments in the airy sector.The agreement between the two is aimed at the implementation of the State Programme of ... [Published The Dairy Site - Apr 29 2013]
First reported Dec 12 2012 - Updated Dec 12 2012 - 1 reports

TOPIC IN FOCUS: Retail lending to benefit debt collectors

.Debt collection agencies are expected to see their non-performing loan (NPL) portfolios rise 25% in 2013, according to a research note released by Sequoia Credit Consolidation, a private debt collection operator. This upward trend is already apparent. ... [Published RBC - Dec 12 2012]
First reported Nov 21 2012 - Updated Nov 21 2012 - 1 reports

RusAg to step up lending

.Russian Agricultural Bank (RusAg) intends to triple its loan portfolio to RUB 3 trillion (approx. USD 95.45bn) by 2020, Dmitry Patrushev, the head of the state-owned lender, said after a meeting of RusAg's Supervisory Board.He went on to say that RusAg ... [Published RBC - Nov 21 2012]

Quotes

Almost half of the RUB 325.7bn (approx. USD 10.59bn) in non-performing loans has already been sold to debt collection agencies. "It should not be ruled out that the debt collection industry will actually grow by 20%-25%. Growth rates in this segment could be even higher, should Sberbank, which has so far sold overdue loans to collectors in the framework of two minor pilot projects, enter the market" Alexander Shcherbakov, deputy CEO of AKM debt collection agency, pointed out

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sort by: Date | Relevance
Moscow press review for May 16, 2013 [Published Interfax - May 16 2013]
Fitch Maintains Russian Agricultural Bank on Ra... [Published Ak - May 15 2013]
Krasnodar Territory: police reveals theft of 5.... [Published Caucasian Knot - May 09 2013]
Fitch Maintains Russian Agricultural Bank on Ra... [Published Reuters - Apr 30 2013]
Agricultural Bank to Support Milk Producers [Published The Dairy Site - Apr 29 2013]
Fitch Affirms Russian State-Owned Banks' Old Su... [Published Reuters - Apr 18 2013]
Sberbank Dips Toe Into Asia Three Years After V... [Published Washington Post - Apr 10 2013]
TOPIC IN FOCUS: Retail lending to benefit debt ... [Published RBC - Dec 12 2012]
RusAg to step up lending [Published RBC - Nov 21 2012]
State looking to sink $1.3bn into Russian Agric... [Published RBC - Nov 14 2012]
FEATURE: Minister maps out 2013 privatization plan [Published RBC - Oct 25 2012]
Govt rolls back privatization timeline [Published RBC - Sep 05 2012]
Russian banks valued up to $1.3bn [Published RBC - Aug 28 2012]
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