Rosselkhozbank to Allocate Credits at the Rate of over 70 Billion Roubles within the Frameworks of National Project “Development of Agrarian and Industrial Complex”
OREANDA-NEWS. On results of 2006 the volume of credit investments of OJSC “Rosselkhozbank” in all directions of the priority national project “Development of agrarian and industrial complex” has reached 70,5 billion roubles.
It was originally planned that the bank will allocate credits at the rate of 23,2 billion roubles for development of agrarian and industrial complex within the frameworks of the national project for 2006. Thus, the general volume of credit investments of the bank has appeared more than in 3 times more than initial plans on realization of the priority national project.
Within the last year, the bank gave out 128 thousand 615 credits. In particular, according to the data as of January 1, 2007 the bank has concluded 1 thousand 453 credit contracts on construction, reconstruction and modernization of cattle-breeding complexes and farms worth 40,7 billion roubles. Rosselkhozbank has already given 1 thousand 429 credits for the sum of 29,3 billion roubles on accelerated development of animal industries.
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