Eximbank of Russia hit Top30 reliable banks in 2021
Eximbank of Russia JSC improved its position in the Forbes rating of 100 Most Reliable Russian Banks 2020 by one point as compared to 2019.
“The balanced growth of support for Russian non-resource exports through a wide range of financial instruments is our priority. Therefore, the financial stability of the Bank is the key to the successful accomplishment of the set goal. We place emphasis on maintaining high-quality interaction with investors and market counterparties, contributing to the implementation of the Bank’s mission. Improving our position in the Forbes rating can be considered as a proof of our reliability,” Azer Talibov, Chairman of the Management Board of Eximbank of Russia JSC.
In their analysis, the authors of the rating relied on data from international (S&P, Moody's, Fitch) and Russian (ACRA, Expert RA, NKR) rating agencies accredited by the Central Bank. Today, the State Specialized Russian Export-Import Bank (Eximbank of Russia JSC) has "Ba1" (stable outlook) long-term foreign currency credit rating from the international rating agency Moody's Investors Service, "ruAA" (stable outlook) individual credit rating from the RAEX Rating Agency (Expert RA) and AA (RU) (stable outlook) credit rating from the Analytical Credit Rating Agency (ACRA). The bank’s equity capital amounted to 30.513 billion rubles as of 01.01.2021.