JSC "Russian agricultural Bank" and the Fund of development of monotowns has signed a cooperation agreement. The document was signed by Board Chairman of Rosselkhozbank Boris Leaves and General Director of the Fund Irina Makieva.
The parties intend to cooperate in sphere of realization of investment projects and support of small and medium business in single-industry towns, including in the agricultural sector. Funding will be provided using the Fund and credit guarantee of Bank instruments. In particular, in the framework of the soft loan for small and medium business in the amount of from 5 to 250 million rubles for 0% interest. Partnership Rosselkhozbank and company TOWNS.Russia will contribute to attracting investment in company towns, diversify their economies and create new jobs.
"The regional network of agricultural Bank includes offices in 116 towns, it's more than a third of the total. With the support of Rosselkhozbank in mono already implemented about 200 projects with a lending volume of more than 70 billion rubles. We understand how to work in these areas. I am sure that cooperation with the Fund will contribute to improving the investment climate and will be another step towards creating a comfortable environment in these settlements", — said the Chairman of the Board of JSC "Rosselkhozbank" Boris Leaves.
"The cooperation with the Bank will allow to expand the scope of potential recipients of preferential support. Thanks to the product we hope to attract in company towns of new investment projects, which "revive" the territory and will create new workplaces", - said Irina Makieva. She added that the key objective of the grace product - the sustainable development of small and medium business in single-industry towns.
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.