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By the end of 2019 Russian agricultural Bank, the company received 4.3 billion rubles of profit
The net profit of Russian agricultural Bank, calculated on the basis of Russian accounting standards (RAS), amounted at the end of 2019 4.3 billion roubles (taking into account the evaluation of events after the reporting date).
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Thus, in 2019, the net profit of Rosselkhozbank has increased almost 2 times compared to 2018.

For 2019, the Russian agricultural Bank increased its total loan portfolio by 8.5%, exceeding the 2.3 trillion rubles. The volume of loans to legal entities amounted to 1.9 trillion rubles, an increase of 8.3%. Loan portfolio for individuals grew by 9.3% and amounted to 461 billion rubles.

At the end of 2019, the amount of attracted clients ' funds amounted to 2.5 trillion rubles, having increased since the beginning of the year by 2.7%. The volume of attracted funds of individuals amounted to 1.2 trillion rubles, and legal entities exceeded 1.3 trillion roubles.

The credit portfolio of Rosselkhozbank in the segment AIC-up in 2019 increased by 13% and amounted to 1.4 trillion rubles. Loans in agroindustrial sector in 2019 in the amount of 1.3 trillion rubles, which is 11% more renditions of 2018. Including for seasonal work, the Bank has issued 381 billion roubles that on 17% exceeds a similar indicator of 2018.

The agricultural Bank, being an active participant in the program of preferential crediting of agricultural producers, from the beginning of 2019 has provided support to more than 4 million borrowers. The Bank grew net loans given to 268 billion rubles in the framework of this program, which is 45 billion rubles more than in 2018.

"The Bank is actively involved in implementing of agrarian policy, providing loans to agricultural companies in the country. A wide range of banking products and services allows us to support both large farmers and small businesses. In 2020 we plan to increase the volumes of crediting of agrariev and out on the key indicators to a new level", –said the First Deputy Chairman of the Board of Russian agricultural Bank Kirill Levin.

 

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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