The agricultural Bank will increase the concessional lending of farmers on 110 billion roubles

30.08.2017

The agricultural Bank received the approval of the Ministry of agriculture for inclusion in the register of potential borrowers under the program of preferential crediting of agriculture another applications

Thanks to the prompt approval by the Ministry of agriculture of all customer orders, Rosselkhozbank had the opportunity to direct the farmers with preferential loans for investment purposes to 110 billion rubles.

As of August 1, 2017 Rosselkhozbank has provided agricultural enterprises of more than 22 billion rubles of investment loans at a rate not exceeding 5% per annum. Thus, more than 450 farms from 48 regions of Russia received the opportunity to purchase new machinery and equipment to expand the production area and to start implementing investment projects.

Currently the Bank is a key financial institution in the framework of the new mechanism of preferential crediting, providing it with the main amount of disbursements.


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