логотип компании
home Sitemapsitemap
Русский Jun 18, 2019 03:38
(GMT+3)
Latest news
Jun 08, 2019
OJSC Russian Railways, CJSC Sinara Group and Siemens Mobility GmbH to create engineering centre
Jun 08, 2019
OJSC Russian Railways, Siemens and CJSC Sinara Group agree on supply and maintenance of 13 Sapsan trains
Jun 08, 2019
Feasibility study of high-speed Indian rail stretch should be completed by autumn 2019
Jun 06, 2019
Russian Railways and Global Ports sign Cooperation Agreement
Jun 06, 2019
Russian Railways and Intesa Sanpaolo Group sign Memorandum of Understanding
Jun 06, 2019
Russian Railways and Russia’s Ministry of Economic Development agree on development of green financing in Russia
News archive
Home
Investor Relations
Debt and Lender Information
Risk Management
Credit risks

Credit risks

Financial Institutions

The banks which act as counterparties for Russian Railways are leading domestic and international financial institutions. Counterparty banks are selected in accordance with federal law and thorough competitive procedures. Each bank undergoes a rigorous process of due dilligence in compliance with the formal requirements of RZD’s mandatory performance standards, including a review of its relationships with other counterparties and government authorities.

Credit limits have been set on transactions to manage credit risk. These credit limits are calculated on the basis of an internal methodology and are approved by the Company’s Risk Management Comittee. The Company constantly monitor the financial stability and risk profile of its banking counterparties with reference to their credit limits. 

Suppliers and Other Counterparties

In order to protect itself from the non-compliance with the obligations by its counterparties, Russsian Railways requires them to provide bank guarantees regarding the proper performance of respective obligations. These include a guarantee period for supply contracts, guarantees for the refund of advances, and the provision of guarantees from reputable companies.

The size and scope of acceptable bank guarantees are restricted by the appropriate credit limits as approved by the Company’s Risk Management Comittee.

screenRenderTime=1

© 2003-2019, Russian Railways
Mass Media Registration Certificate El. No. ФС77-25927
When using any material from the site reference to rzd.ru is obligatory

The Company | Passengers | Freight | Press Centre | Investor Relations | Contacts | Search