Russian Agricultural Bank (Omsk branch is member of Omsky Biocluster) sent over 135.4 billion rubles for crediting seasonal works in the first half of 2017 - 38% more than in the same period last year. Lending to large businesses amounted to 99.5 billion rubles, small and medium businesses - 35.9 billion rubles.
The total amount of financial support for agrarians, taking into account the prolongation of earlier issued loans, amounted to about 185 billion rubles. The funds were issued for the spring campaign and preparation for harvesting, including for the repair of machinery, the purchase of fuels and lubricants, seeds, plant protection products, mineral fertilizers.
RusAg annually provides the bulk of financing of seasonal agricultural work, contributing to the growth of agricultural production in Russia.
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.
