Lending seasonal field work in Russia has increased by 20.83%


The Ministry of agriculture conducts monitoring in the sphere of crediting of agro-industrial complex of the country

 As of 19 April, the total volume of issued credit funds for the spring sowing campaign has grown to 126.58 billion rubles, which is by 20.83% more than the same date last year.

In particular, JSC "Russian agricultural Bank" issued loans in the amount of 111,46 billion (+25,7%), PJSC "Sberbank of Russia" – 15,12 billion (-6,04%).

Reference: In whole in 2017, enterprises and organizations of the agricultural sector for seasonal field works was granted credit resources for the sum 317,02 billion rubles, including JSC "Russian agricultural Bank" – 270,87 billion rubles, JSC "Sberbank of Russia" – 46,15 billion.


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