Preferential loans in the region have already received the company "Precepts of Ilyich" of the Azov district of Rostov region.

Currently, the Bank shall ensure prompt receipt of applications from farmers, maintenance of registries of potential borrowers and coordination of projects with the Ministry of agriculture. In General, the new mechanism of the agricultural Bank signed loan agreements for a total amount of 6.3 billion rubles. For these companies, you no longer need to draw significant funds from the turnover and undergo a lengthy procedure of obtaining subsidies.

"Thanks to the credit resources of Russian agricultural Bank, our economy was able to start the sowing season", — said the President of OOO "Precepts of Ilyich" Sergey Ponkratov.

Launched in 2017, the new facility allows farmers to simplify the process and increase the efficiency of the state support.