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The net loss of Russian agricultural Bank has almost doubled in 2015

Чистый убыток Россельхозбанка почти удвоился в 2015 году

The net loss of Russian agricultural Bank (Rosselkhozbank) under IFRS amounted in 2015 94,22 billion rubles. against a loss in 47,928 billion rubles in 2014, follows from the statements finorganizatsii.

Net interest income decreased annually by the end of the reporting period by 2.5 times to 23,929 billion rubles against 59,973 billion rubles in 2014.

Net interest expenses of the Bank after provisions for impairment of loan portfolio of the Bank for the year 2015 amounted to 66.5 billion rubles against the profit of 4 billion rubles in the previous year.

The assets of the Bank as at 31 December 2015 amounted to 2,348 trillion rubles.

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