RusAg Lending to Support Seasonal Field Works Exceeded RUB 175 bn
OREANDA-NEWS. October 04, 2013. Russian Agricultural Bank (RusAg) has provided domestic agricultural producers with lending to support seasonal field works in the amount of RUB 175.5 billion, a 42% increase as compared to the previous year.
RusAg’s share in lending to this segment in 2013 exceeds 72%.
Multi-purpose loans for purchase of fuel, seeds and fertilizers, accounting for about 60% of total lending for seasonal field works, are the most demanded product type.
RusAg puts priority on seasonal field works financing and takes consistent measures to expand the credit support to agricultural producers.




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