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Rosselkhozbank increased its investments in Russian agriculture 13%
The credit portfolio of Rosselkhozbank in the segment of APK on 1 July 2019 rose from the beginning of the year by 6% and reached 1.3 trillion roubles. Rosselkhozbank for H1 gave domestic farmers 582,6 billion roubles that on 13% exceeds a similar indicator of last year.
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Under the program of preferential crediting at a rate not exceeding 5% per annum provided by 126.8 billion rubles, as against 91.3 per billion in 2018. The Bank remains the leader of the preferential crediting of agriculture. Issued by means of direct agricultural producers for seasonal work, construction and modernization of processing facilities and storage. Since starting the program Rosselkhozbank has provided about 460 billion of preferential loans.

"Agricultural Bank not only keeps the pace of funding of agriculture, and sinhroniziruete credit policy with state objectives of the industry. We strive to stimulate our priorities – increase export of belgorodskii, small business development in rural areas, improve living standards in rural areas. The focus of agricultural projects that will provide the greatest benefits for the industry and will contribute to infrastructure changes," ‒ said the First Deputy Chairman of JSC "Russian agricultural Bank" Irina Gutkina.

Russian agricultural Bank actively participates in realization of investment projects. Since the beginning of 2019, the Bank began financing the construction and modernization of over 30 companies. Special attention is paid to the development of small and medium business of agriculture, in particular, Rosselkhozbank allocated to small farms 27,1 billion roubles, including 18.4 billion roubles under the program of preferential crediting.

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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