Credit rating withdrawal rationale

The withdrawal of the credit rating of series BO-04P bond issued by JSC Russian Agricultural Bank (RU000A0ZYJ42) is due to the full redemption of this bond on December 9, 2020 as planned. Before the withdrawal, a credit rating was assigned to the bond on par with the credit rating of JSC Russian Agricultural Bank — AA(RU). The rating has been withdrawn without its concurrent affirmation.

Regulatory disclosure

The credit rating was assigned to RU000A0ZYJ42 bond issued by JSC Russian Agricultural Bank under the national scale for the Russian Federation based on the Methodology for Assigning Credit Ratings to Individual Issues of Financial Instruments under the National Scale of the Russian Federation and the Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities.

The credit rating of RU000A0ZYJ42 bond issued by JSC Russian Agricultural Bank was published by ACRA for the first time on December 8, 2017.

The credit rating was assigned based on the data provided by JSC Russian Agricultural Bank, information from publicly available sources, as well as ACRA’s own databases. The credit rating is solicited, and JSC Russian Agricultural Bank participated in its assignment.

No discrepancies between the provided data and the data officially disclosed by JSC Russian Agricultural Bank in its financial statements have been discovered.

ACRA provided additional services to JSC Russian Agricultural Bank. No conflicts of interest were discovered in the course of credit rating assignment.

We protect the personal data of users and process cookies only to personalize services. You can prevent the processing of cookies in your browser settings. Please read the terms of use of cookies on this website by clicking on more information.