In particular, the document envisages introduction of modern banking technologies and infrastructure for agricultural enterprises, the development and implementation of investment programs, support innovative development and modernization of industry, development of system of crediting of agriculture, including in the framework of regional programmes and mechanisms of state support.

Expansion of cooperation of the Ministry of agriculture of Russia, with one of the largest Russian banks will increase the amount of support the domestic agricultural sector and to improve access to Finance of enterprises in the industry.

On September 1, 2018 loan portfolio of agricultural enterprises in VTB has exceeded 200 billion rubles, and the amount of disbursements since the beginning of the year amounted to almost 120 billion rubles. For the validity period of concessional lending facility, the Bank concluded more than a thousand credit agreements totaling over $ 122 billion.

Photo: