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During the work of the agricultural Bank a profit of agribusiness has grown 14 times
For 20 years, agro-industrial complex of Russia has turned from a laggard industry in highly profitable and investment-attractive business, whose products are now not only provides the country, but also brings the country a revenue of more than the military-industrial complex, in the export direction. During this time support for agriculture has provided specialized financial institution, the agricultural Bank, which celebrated its anniversary in June.
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The main achievements of Russian agriculture there. During five years of active policy of import substitution were reached or even exceeded the established Doctrine of food security targets for self-sufficiency in key products: grain and bean, vegetable oil, sugar, meat and meat products. Food imports decreased from 43.3 billion dollars in 2013 to 29.8 billion in 2018, more than 30%. An illustrative example of sugar: if at the turn of the 21st century only about a third of sugar produced from the Russian beet is 2017 foreign crude is not being used. Successfully promoted the implementation of a national project to increase exports of agricultural products to $ 45 billion per year by 2024 compared to 2000 exports of agricultural products from Russia increased almost 20 times.

For almost two decades, the profit of the agricultural business increased from 11.8 billion rubles to a total of 160.3 billion rubles, i.e. almost 14 times. In the field of processing industry, the same indicator increased from 76.6 billion to 403,3 billion – more than 5 times. Revenue in both areas showed an increase of 4.5 times.

Russian agricultural Bank actively participated in promoting the success of the agricultural sector. Since 2006, Rosselkhozbank is a key participant of the national project "agrarian and industrial complex Development"with the assistance of the Bank commissioned about 4.2 thousand agricultural investment projects. Since the implementation of the state Program of agriculture development in 2008 the Bank sent to support the industry more than 8.6 trillion roubles. Clients of Rosselkhozbank have become significant players across all subsectors of agriculture. By the beginning of 2020, 25% of the total export volume accounted for the Bank's clients. In 2014, the Bank actively replaced by funds raised in foreign financial markets funds attracted in the domestic market. The volume of attracted funds of clients over the period since the beginning of 2014 has increased from 696 billion to more than 2.4 trillion rubles.

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
Tuesday, 11 August 2020
Monday, 10 August 2020
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