Recall that in 2017 Rosselkhozbank became the first Bank to enter into an agreement with the Ministry of agriculture of the Russian Federation under the new financing mechanism (Decree of the RF Government №1528 from 29.12.2016). According to the procedure of subsidizing agricultural producers receive loan funds at a rate not exceeding 5% per annum.
Also, since the beginning of this year, the agricultural Bank provides concessional loan funds program of the Ministry of economic development of Russia with the established rate no higher than 6.5 percent (Government Decree No. 1706 from 30.12.2017).
"Since the start of the state program of preferential lending to Ministry of agriculture Regional office provided representatives of the agricultural area 6.4 billion roubles. The credit funds have allowed companies to increase production capacity, sustainable development, – said the Director of the Rostov regional branch of JSC "Rosselkhozbank" Larissa Tuisheva. This year the list of government support measures extended and borrowed funds became more accessible".
JSC "Rosselhozbank" is the basis of national credit and financial service system of agroindustrial complex of Russia. The Bank was founded in 2000 and today is a key lender to the agriculture of the country, is among the largest and most stable banks in the country in terms of assets and capital, as well as the leaders of a reliability rating of the largest Russian banks. 100% of the voting shares of the Bank belong to the Russian Federation. Since 2000, on the territory of Rostov region there are the Rostov regional branch. From March 2016 the branch carries out its operations also in the territory of the Republic of Kalmykia.
Translated by service "Yandex.Translation"