Since early 2017, the Russian Agricultural Bank (Omsk branch is a member of Omsky Biocluster) has issued about 116 billion rubles ($ 2 billion) of loans for current and investment purposes to enterprises in the field of crop production. The volume of lending in this segment increased by 20% compared to the same period in 2016, which contributed to the growth of the technological development of the industry, the development of a fleet of agricultural machinery and equipment, the improvement of the quality of seed and the cultivation of land.
Short-term loans amount to about 60 billion rubles ($ 1 billion), 56 billion rubles ($ 0.963 billion) were issued for investment purposes - expansion of the machine and tractor fleet, construction of storage facilities, purchase of land for plant growing.
RusAg allocates support to crop enterprises as a priority. At present, the Bank's loan portfolio in this segment exceeds 325 billion rubles ($ 5,590 billion).
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.
