КУРС ЦБ $ USD 92,5058 EUR 98,9118
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The volume of lending by the agricultural Bank seasonal work has increased by a quarter, more than 40% of credit funds for seasonal work is issued at a reduced rate
For the first 6 months of 2020, the volume of credit issued by JSC "Russian agricultural Bank" for seasonal activities amounted to 222,9 RUB bln Total volume of credit funds, issued by the agricultural borrowers in the agribusiness, during the same period increased by 27.4% compared to the same period last year and amounted to 742,0 billion.
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Thus, a third of credit, issued by Rosselkhozbank to agricultural companies, are loans to carry out seasonal work, and their demand among the companies of agricultural sector increased by 23.1% compared to the same period of 2019.

"About 90% of corporate borrowers APK - enterprise segment small and medium business. During the period of the spread of coronavirus infection, the Bank has made every effort to the country's farmers do not have difficulties with lending and provide products not only in domestic market but also has maintained its high level of exports. We coped with the task and financed the sowing campaign on time in the right amounts. Now our key task is to create conditions to ensure that farmers successfully completed the harvest," - said the First Deputy Chairman of the Board of Rosselkhozbank Irina Gutkina.

During the reporting period JSC "Rosselkhozbank" granted to farmers for seasonal work 97,3 billion rubles at a reduced rate, including 36.3 billion - the enterprises of small and average business. Thus, more than 40% of the loan funds disbursed RSBH for seasonal work, are the loans with a reduced rate.

Under the Program of state support of agricultural enterprises farmers can obtain short-term or investment loan at the rate of 5%. This allows you to increase the availability of lending for agriculture and to reduce the financial burden on agricultural producers.

In the framework of the state program of preferential crediting of enterprises of agricultural sector the agricultural Bank offers the customers a wide range of credit products: Seasonal Standard Crop, Seasonal Standard Animal, a pledge of future harvest, Seasonal Processing, agro, Season, Seasonal Optimal loan for the purchase of grain under its guarantee.

In addition, the agricultural Bank has launched a credit product "Seasonal light", focused on the existing customers of the Bank — the enterprises small and micro-businesses. Under the terms of the product, our customers can obtain trust loans in the amount of 50 million rubles in an expedited manner. On the basis of two documents — credit application and the certificate from the tax authority — you can get a loan up to 5 million rubles.

Financial support of the Bank at the behavior of seasonal work helps farmers to improve the technological direction of the SPM and, consequently, increase yields. Credit funds are directed also to the preparation of logistics: acquisition of spare parts, fertilizers, seeds, agricultural machinery and equipment.
 

JSC "Russian agricultural Bank" – 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.



Translated by service "Yandex.Translation"
Источники: Agro2b
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