OREANDA-NEWS. On June 25, 2007 Rating Agency Moody's Investors Service has upgraded the outlook on Russian Agricultural Bank’s E+ the Bank Financial Strength Rating, A3 local currency deposit rating, A3 senior unsecured debt rating and Baa1 subordinated debt rating to positive from stable, reported the press-centre of Russian Agricultural Bank.     

The bank's foreign currency deposit ratings and the national scale rating remain unchanged at Baa2/Prime-2/ Aaa.ru. The outlook for the long-term deposit rating in foreign currency is stable. 

The outlook change reflects RAB’s growing franchise value: it is currently the eighth's largest bank in the country in terms of total assets, it has the second largest in Russia branch network comprising 71 regional branches and 762 outlets, it occupies dominant position in servicing Russian agriculture and its penetration of the retail segment is increasing.