Rosselkhozbank has issued more than 25 billion rubles under the program of preferential crediting of agriculture

09.03.2017

Since the launch of concessional lending facility at a rate not exceeding 5% per annum JSC "Rosselkhozbank" has provided farmers financing for a total sum more than 25 billion rubles

Loan funds sent to the agricultural enterprises from 44 regions of the Russian Federation. The Bank became the first Russian competent organizations started implementing a new order, and today is a leader in the portfolio of these loans.

"Less than two months since the signing of the agreement with the Ministry of agriculture of Russia, Rosselkhozbank has carried out all necessary approval procedures, organized, prompt and smooth process of concessional lending and have provided hundreds of agricultural producers a substantial part of the loans. I am confident that the support of the Russian agricultural Bank will contribute to the quality and timely sowing and higher yields by year-end 2017", — said the Minister of agriculture Alexander Tkachev.

According to the Chairman of the Board of Rosselkhozbank Dmitry Patrushev, currently, the agricultural Bank continues to rapidly take applications from farmers, to build rosters of potential borrowers and to ensure the coordination of projects with the Ministry of agriculture. Particular attention is paid to crediting of small forms of management. As 06.03.2017 agricultural Bank received about 1,000 applications from representatives of this segment in total amount of more than 10 billion rubles.

Launched in 2017, the concessional lending facility allows you to simplify the process of financing the farmers, now the agricultural enterprises there is no need to extract significant funds from the turnover and undergo a lengthy procedure of receiving subsidies, which greatly increases the efficiency of the state support of the industry.


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