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Rosselkhozbank has granted small farms 48.3 billion rubles
Russian agricultural Bank for 11 months of 2018 have given more than 5.5 thousand of loans to small farms for the total amount of 48.3 billion rubles. Of them in the framework of the program of preferential crediting at a rate not exceeding 5% per annum, the Bank issued $ 30.9 billion rubles, which is 1.6 times higher than in the same period of 2017.
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Traditionally the Bank provides support to farmers during the seasonal work. On December 1, 2018 Rosselkhozbank sent to Finance SPR small farms 31,3 billion rubles. The volume of credits increased by 22% compared with the same period last year.
Also the agricultural Bank is constantly developing a set of proposals aimed at providing representatives of small agribusiness with the necessary financial resources. Today the Bank offers a special product for farmers-members of AKKOR. It simplifies the procedure of processing the loan and reduces the time of consideration of the application. Under the terms of the credit product, customers can receive funds in the amount of up to 5 million rubles at a concessional rate of 4.5% per annum.
"Today, the share of farmers accounts for about 13% of agricultural production in Russia and every year this percentage increases. Support for this sector is an important precondition for the development of the whole APK. The Bank is in direct contact with farmers, well-listens to and understands their needs, constantly improving the conditions of the products. We intend to move forward and continue working in this direction", - said the First Deputy Chairman of JSC "Russian agricultural Bank" Irina Gutkina.

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