Rosselkhozbank paid RUB 204.450 million in coupon 8 on its bond issue 11 in the amount of RUB 5 billion, the bank informed.
The issue consists of 5 million securities with a face value of RUB 1,000. The bonds were placed on February 11, 2010 by public offering at nominal value. The maturity period is 10 years. The Central Bank registered the issue on October 16, 2009 under state number 41103349B. The issue assumes six-month coupon payments. Coupons 1-6 are equal to 9% p.a., coupons 7-10 are 8.2% p.a., with coupons 11-20 to be determined by the issuer. The issue was arranged by VTB.
Rosselkhozbank (Russian Agricultural Bank, tax number: 7725114488) was founded in March 2000 to provide services to agricultural companies. Today, the bank is among the top ten banks of the country. Rosselkhozbank ranks second in the branch network comprising more than 1,500 departments countrywide, more than half of them in minor towns and villages. The Bank's representative offices are operating in Belarus, Kazakhstan, Tajikistan, Azerbaijan and Armenia. The sole shareholder of Rosselhozbank is the Russian Federation represented by the Federal Agency for State Property Management.
IFRS net profit of Rosselkhozbank for 2013 grew 5-fold to RUB 729 million from 144 million in 2012.
Net profit of Rosselkhozbank in 2013 net of events after the balance sheet date grew by 80.1% to RUB 3.954 billion from RUB 2.187 billion the year before. Pre-tax profit increased 2.7-fold to RUB 6.323 billion from RUB 2.364 billion.
RAS net profit of Rosselkhozbank for H1 2014 grew by 3% to RUB 1.014 billion from RUB 984 million the year before. Loss before tax was RUB 8.297 billion against a pre-tax profit of RUB 1.932 billion.