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Russian agricultural Bank intends to maintain market share in lending seasonal work at 80%
Russian agricultural Bank intends to maintain its leading position in the banking market in the financing of seasonal work and long-term investment projects, and concessional lending to agriculture. This was announced by first Deputy Chairman of the Board of JSC "Rosselkhozbank" Kirill Levin on Agrarian forum of Russia.
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For 9 months of 2018 Rosselkhozbank issued for seasonal agricultural work and loans amounting to more than 238 billion rubles, which is 12% higher in 2017.

"To attract investments in the agricultural sector requires long-term guaranteed support instruments from the state. Today's funding for agriculture over the next three years, which does not allow banks to consider government subsidies when evaluating long-term credit projects. It is necessary to further develop this tool as interest rate subsidies, in particular, the mechanism of preferential lending is well established and popular among farmers. Since starting the program Rosselkhozbank has provided agricultural enterprises of about 244 billion rubles," - said at the plenary session the first Deputy Chairman of the Board
JSC "Rosselkhozbank" Kirill Levin.

Rosselkhozbank has the greatest competence in the field of crediting in the agricultural sector, support of agricultural producers at all stages of production, processing and sales.

The Bank provides clients with accessible and understandable to a single "card" of measures of state support. The experience of the agricultural Finance market APK allows deep examination of the project, structure it properly, to establish effective business model, regardless of the scale of the business and the industry.

JSC "Rosselhozbank" is the basis of national credit and financial service system of agroindustrial complex of Russia. The Bank was founded in 2000 and today is a key lender to the agriculture of the country, is among the largest and most stable banks in the country in terms of assets and capital, as well as the leaders of a reliability rating of the largest Russian banks.

 

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