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+ Rosselkhozbank (RSHB)

JSC Rosselkhozbank is a basis of a national credit and financial system of service of agro-industrial complex of Russia. The bank created in 2000, today is the largest creditor of agrarian and industrial complex of the country, takes the fourth place in a banking system of Russia on the volume of assets, is among the leaders of the rating of reliability of the largest Russian banks. The states are owned by 100% of bank shares.

Rosselkhozbank provides to the clients services in release and service of payment cards of international payment systems of VISA Int. and MasterCard WorldWide. For this purpose in bank own processing center servicing the transactions made by more than one million operating payment cards issued by bank, 2500 ATMs and more than 3000 POS terminals functions.


2017: Release of 5 thousand World cards

As of August 15, 2017 the number of the World payment cards released by the Rostov branch of Rosselkhozbank exceeded 5 thousand pieces. Payment cards were emitted for the staff of budget organizations of the Rostov region within salary projects and also for pensioners.

Special terms for crediting and reduced rates on popular banking products are provided to participants of salary projects. The holder of the payroll card in time, convenient for it, can receive cash without collection of the commission not only in departments and ATMs of Rosselkhozbank, but also in devices of partner banks: Alfa-Bank, Promsvyazbank, Raiffeisenbank and Rosbank in all regions of Russia.

2012: The IT budget of Rosselkhozbank exceeded VTB

In the quarterly report for the third quarter 2012 Rosselkhozbank for the first time reported costs for information technologies. During the period from January to September of the current year the IT budget of bank exceeded 1.53 billion rubles. Still for previous periods Rosselkhozbank did not publish these data in similar reports. In the consolidated financial reporting under IFRS for 2011 there was article "Communication Expenses and Information Services" (669 million rubles) without specification of costs.

In the present report the bank in detail describes the directions of development of IT. The main of them are "orientation to modern software platforms and the maximum centralization of all services and business applications". "Such approach allows bank to extend quickly new banking products to all the divisions and to give to clients uniform opportunities in all regions", the document says.

In bank the credit front office, the automated control system for money resources on the Kondor platform + (regarding registration of transactions in the currency and monetary markets), a number of system modules of personnel management of SAP ERP of HCM, etc. are implemented.

Implementation of new retail credit process using a scoring system, replication of a centralized system of RBS and the ERP system continues, there is a trial operation of "A uniform card of the client", upgrade of a software and hardware platform of settlement center, centralization of the data warehouse, automation of the management reporting and reporting under IFRS, reorganization of a workplace of the cash worker, etc.

Let's note that Rosselkhozbank is one of the largest banks in Russia (No. 4 on the volume of assets, No. 2 by the size of a branch network) and for 100% belongs to the state. Along with universal banking products he offers special programs for development of production in the field of agriculture and is an agent of the government on accomplishment of federal target programs in an agrarian complex.

The size of the IT budget of Rosselkhozbank is also one of the largest in the industry, judging by open digits it concedes only to Sberbank (in 9 months 2012 - 31.2 billion rubles). The second in volume of assets bank in Russia – VTB, according to the reporting, for the first 9 months 2012 spent about 1.4 billion rubles for IT.

In 2011 annual IT budgets of other banks working in Russia, according to the rating of CNews Analytics, did not exceed 1 billion rubles.

Performance Indicators


Net loss of Rosselkhozbank in 2015 grew to 94.2 billion rubles from 47.9 billion rubles in 2014, said in the published reporting of RSHB under IFRS. Increase in losses is connected with sharp decrease in a net interest income which in 2015 was reduced by 2.5 times and made 23.9 billion rubles Besides, RSHB increased expenses on formation of reserves (90.4 billion rubles).

RSHB in the press release to the reporting indicates the high cost of financial resources against the background of deficit of available sources of funding. Since July, 2014 the bank is under sectoral sanctions of the USA and cannot involve funding in the western markets. In 2015 RSHB actively raised funds of clients which in a year grew by 56.7%, to 1.19 trillion rub. At the same time citizens entrusted Rosselkhozbank 486.5 billion rubles. In 2014 the government made the decision to spend 25 billion rubles for increase in the capital of bank, and in 2015 the bank increased the capital by 78.8 billion rubles at the expense of means of DIA. The bank attracted the supplementary capital, having placed the subordinated bonds and deposits for the amount of 40 billion rubles and $1.15 billion respectively.

According to the reporting, in 2015 RSHB was succeeded to increase commission income which increased by 37.5%, to 12.1 billion rubles. "Main growth drivers of commission income were settlement and cash transactions, implementation of insurance products, operations on provision of guarantees", says bank.

Costs of Rosselkhozbank on remuneration to a managerial personnel were reduced by 25% — from 328 million rubles in 2014 up to 246 million rubles in the 2015th. These expenses include payments to members of the supervisory board, board and to the chief accountant.

The total loan portfolio of bank in a year grew from 1.41 to 1.62 trillion rub. 53% (948.9 billion rubles) are the share of crediting of agriculture in a portfolio of RSHB. The volume of the problem credits in a portfolio of RSHB last year grew by 23%, up to 254.7 billion rubles, and the share of the credits with delay increased over 90 days from 13.3 to 14.1%. Most strongly the share of loans with delay grew over a year.