In October 2020, Supervisory Board of Russian Agricultural Bank approved the Bank’s Development Strategy until 2025.
Mission
We are building the best bank for agribusinesses, SMEs and the population of the country’s regions. We are putting in place advanced digital technologies and keeping our regional network running to make our products and services available 24/7 across the country. By making life comfortable, we help realise a positive scenario for the future.
RusAg’s target image through 2025 shaped by two strategic objectives:
Objective No. 1. The core bank for agribusiness and rural areas:
RusAg is a core bank for agribusiness and priority sectors of the Russian economy. The Bank plays an active role in agribusiness transformation and facilitates the development of agricultural industry and rural areas.
RusAg is more than just a bank or a provider of traditional financial services – it offers unique non-financial mechanisms for comprehensive support of agribusiness and rural areas within the framework of the strategic concept “More than Bank”. It creates a comfortable business environment, facilitates growth of the entire agribusiness, promotes farming and improves the quality of rural life.
Objective No. 2. An efficient, competitive, hi-tech financial institution:
RusAg is an operationally efficient and financially sustainable institution that relies on diversified streams of income and resources as well as on a high quality of its loan portfolio, which will allow the transition to sustainable internal capital generation at the expense of its own profits.
RusAg is a competitive, modern commercial bank that complements advanced digital transformation with a trusting, customised approach. Its services across digital channels reinforced by a strong regional presence and rapid rollout of state-of-the-art innovative solutions.
RusAg provides a comfortable environment for priority customer segments, contributing to the implementation of strategic objectives of the agricultural industry and the development of rural areas.