OREANDA-NEWS.  July 27, 2012. In H1 2012, Russian Agricultural Bank (RusAg) provided financial resources for over RUB 100 billion to the national agribusiness producers for seasonal field works, reported the press-centre of RusAg.

The Bank signed 7.9 thousand loan agreements with agribusiness enterprises.

The current year shows a traditionally high demand for multi-purpose loans allowing purchasing of seeds, fertilizers, fuel and lubricants, spare parts for agricultural machinery. Such loans make up around 60% of the whole seasonal works financing volume.

The share of loans for purchasing of fodder, veterinary preparations and sanitation facilities is 15%; grain — 10%; seeds, fertilizers and crop protection products — 7%.