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Best borrowers 2007: Best financial borrower – Central & Eastern Europe: Russian Agricultural Bank

State-owned bank brings in rich harvest at home and abroad.

Reid Payne, ABN Amro

"Hats off to RAB – since its debut Eurobond issue in 2005 it has gone on to become a very innovative borrower"
Reid Payne, ABN Amro

State-owned banks in Russia are not renowned for their financial acumen when it comes to approaching the capital markets. However, Russian Agricultural Bank is proving an exception, with its market-savvy approach paying dividends at home and abroad.