Net profit of Russian Agricultural Bank JSC (Omsk branch is a member of Omsky Biocluster) in accordance with Russian Accounting Standards in January-October 2017 amounted to 1.2 billion rubles ($ 20.13 million) against 118.6 million rubles ($ 1.99 million) a year earlier, the Bank's press service reported.
As of November 1, 2017, the total loan portfolio of the bank exceeded 1.9 trillion rubles ($ 31.87 billion), having increased since the beginning of the year by 9.6%. According to the results of 10 months of 2017, the volume of raised funds amounted to 1.97 trillion rubles ($ 33.04 billion), having increased since the beginning of the year by 26.1%. In addition, RusAg continues to increase credit support for the agro-industry within the State Program for the Agriculture Development. The loan portfolio of RusAg in this segment as of 01.11.2017 amounted to 1.19 trillion rubles ($ 19.96 billion) against 1.17 trillion rubles ($ 19.62 billion) at the beginning of this year.
