Russia. In 2016, the agricultural Bank directed on development of agriculture 1 trillion rubles

26.01.2017

In 2016, the Russian agricultural Bank by 62% increased the volume of crediting of the agroindustrial complex of Russia, giving the farmers a record 1.03 trillion rubles.

Of them 260 billion rubles are allocated to Finance seasonal works, which is 37% more than in 2015. The Bank's share in the lending market seasonal works exceeded 75%, an increase of 4 percentage points.

At the end of last year the credit portfolio of Rosselkhozbank in agriculture amounted to 1.2 trillion rubles. In General, the Bank strengthened the leadership in lending to this sector and ensure the implementation of all obligations under the extension support to the industry.

In 2017, JSC "Russian agricultural Bank" will continue to increase its funding of agricultural producers as current and investment purposes, including in the framework of a new program of concessional lending to farmers at a rate not exceeding 5% per annum. Currently, the Bank is ready to implement this mechanism.

With regard to the financing of the don. APK, then in 2016 Rostov branch of Russian agricultural Bank has provided the farmers of the region's 39.4 billion rubles of borrowed funds to conduct seasonal work. Compared to 2015 funding in this area increased by 8.5%


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