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RusAg: over 125b RUR of soft loans

According to the results of the first half of 2018, the Russian Agricultural Bank (Omsk branch is a member of Omsky Biocluster) provided agricultural companies and farmers 125.1b RUR ($ 1.97b) on terms of preferential financing against 70.4b RUR ($ 1.11b) a year earlier (78% growth). At the same time, 20.4b RUR ($ 0.32b) was allocated to support small business.

 

The bank is the main participant in the state program of concessional lending to the agroindustry at a rate of no more than 5% per annum. Since the launch of the program, RusAg has provided agricultural enterprises with 335.8b RUR ($ 5.29b) of soft loans.

 

Source: RusAg.

  • Omsky Biocluster Press Service
  • 22 July 2018