Omsk branch of the Russian Agricultural Bank (member of Omsky Biocluster) summed up the results in 2017. As of January 1, 2018, the total loan portfolio amounted to more than 11.7 billion rubles ($ 209.5 million). In particular, the corporate loan portfolio amounted to 7.6 billion rubles ($ 136.08 million), while the loan portfolio of individuals increased by 6% over the year, more than 4.1 billion rubles ($ 73.41 million).
In 2017, the Omsk branch of the Russian Agricultural Bank retained its leading position in financing the Omsk agro-industry: 2.2 billion rubles ($ 39.34 million) for seasonal field work). 57 companies received 490 million rubles ($ 8.76 million) for the purchase of specialized equipment. According to this indicator, the growth of funds provided was 15% compared to 2016.
Preferential loans for seasonal-field work within the program of subsidizing bank rates were received by 101 borrowers a total amount of about 800 million rubles ($ 14.3 million). Preferential loans for the purchase of agricultural machinery are provided to 40 borrowers for a total of about 350 million rubles ($ 6.26 million).
"Last year, Omsk branch of RusAg maintained positive dynamics for a number of financial indicators, and also continued to provide active financial assistance to the agrarian sector of the region. A wide range of banking products, competitive rates, as well as a high level of customer confidence in Russian Agricultural Bank allowed us to continue the planned development in all segments. In 2018, we will focus on active work to provide affordable loans, not only for farmers, but for all residents of Omsk region," said Lev Yaneev, the director of Omsk branch of the Russian Agricultural Bank.
Information: Russian Agricultural Bank JSC (RusAg) is the basis of the national credit financial system, specializing in banking services for agricultural sector in Russia. The bank was established in 2000 and is a key creditor of the country’s agribusiness. It ranks among the top major banks of the country in terms of assets and is one of the leaders of the Russian bank reliability rating. 100% of the voting shares of the Bank belong to the Russian Federation.