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Over 900 million rubles for 4 months of 2019 allocated Rosselkhozbank for horticulture and viticulture
For 4 months of 2019 Russian agricultural Bank has allocated for horticulture and viticulture 944 million rubles. Growth compared to the same period last year was 42%. Total at the end of 2018, the Bank financed industrial gardening and viticulture at 2.5 billion rubles.
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May 21-22 topical issues of the industry were discussed at the II-nd international investment forum "Gardens of Russia 2019" in which the Russian agricultural Bank acted as a participant and the General sponsor. A key topic was the strategy for the development of industrial gardening of Russia and investment in the sector, including the creation of new gardens and nurseries. Participants raised the issues of state financial and legal support in the areas of breeding, storage, processing and agrologistika. Special emphasis at the forum was placed on the need to reduce imports of fruit products, to develop their own planting material, as well as to develop organic farming and to grow organic products.

Over the past five years, the government has invested heavily in the development and support of industrial gardening and do not plan to reduce subsidies. Been introduced and applied to support short-term investment and concessional lending, where Rosselkhozbank, the Bank support the agricultural sector plays a crucial role. So, with funding from Bank with 2016 in Krasnodar region LLC "Southern land" (GK "AFG national") implements projects for the intensive Apple orchards. Currently commissioned the first and second phase of the project, the implementation stage is the third. The total area of gardens, more than 700 hectares, the capacity of storage facilities is 25 000 t. the Total amount of financing by the Bank is 4.7 billion.

"Agricultural Bank pays special attention to financing of enterprises in the domestic horticulture and viticulture. Thanks to record government support, there are new gardens, including intensive type, constructed of high-tech fruit storage and fruit specialized enterprises provide the population with quality products, contributing to import substitution and promoting the export potential of domestic goods. Supported by Bank forum "Gardens of Russia" for the second time brought together professionals from industrial horticulture that demonstrates the increased interest in this promising sector of Russian agriculture", — said the First Deputy Chairman of the Board of Rosselkhozbank Irina Gutkina.


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.

Translated by service "Yandex.Translation"
Источники: Agro2b
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