Bank News

The Russian Bank for Development Has Become Laureate of the National Banking Award in Nomination «For the Achievements in the Area of Small Business Lending»

01 Декабря 2006

On November 30, 2006 the Russian Bank for Development was awarded the National Banking Price in nomination «For the Achievements in the Area of Small Business Lending». During the solemn awarding ceremony in the Reception House of Presidential Administration on the Vorobyev Hills, Alexander Torshin, the Federation Council Deputy Chairman, Chairman of the National Banking Award’s jury presented a statuette of the winged lion to RBD’s representatives. High ranked officials from the RF President’s Administration, Bank of Russia, major Russian banks and leading mass media attended the ceremony.

The award was founded by the Association of Russian Banks and «National Bank Magazine».


OAO «Russian Bank for Development» (RBD) was established in 1999 pursuant to Decree of the Government of the Russian Federation No. 391-r dated March 10, 1999 and Federal Law "On the Federal Budget for 1999" as a national development bank. The Bank’s core business is to provide long-term loan based funding to projects in priority sectors of the national economy. It is 100% owned by the Government of the Russian Federation through the Russian Federal Property Fund. The Bank’s charter capital is RUR 4.66 billion. RBD was assigned the highest for the Russian banks international credit ratings - Standard & Poor's (BBB+, outlook stable /A-2) and Moody's Investors Service (Baa2, outlook stable).

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