OREANDA-NEWS. May 13, 2008. The Russian Federation will contribute further 30 billion Rubles to the Authorized Capital of Russian Agricultural Bank, JSC. This was stated by Vladimir V. Putin on May the 8th during the session of the State Duma that was considering his candidacy for the position of Chairman of the Government of the Russian Federation, reported the press-centre of Russian Agricultural Bank.

In his address V. Putin emphasized the need to develop the real economy sectors, including agribusiness.

In April of this year the Authorized Capital of Russian Agricultural Bank was raised to 29 728 mln Rubles. As a result of the new decision the Authorized Capital will redouble, in point of fact.

Enlarged Authorized Capital will furnish Russian Agricultural Bank with added capabilities to increase the scale of bolstering the agricultural and industrial complex and the rural population in Russia.