OREANDA-NEWS. October 28, 2008. According to the Federal Law №173-FZ dated October 13, 2008 “On additional measures to support the financial system of the Russian Federation” government of the Russian Federation has extended RUR 25 billion loan with 8% interest rate and final maturity in 2019 to Russian Agricultural Bank, which would be registered as subordinated, reported the press-centre of RAB.

RAB has obtained it in full. This amount will be qualified as Tier 2 capital of the Bank.

Subordinated loan will enable Russian Agricultural Bank to further facilitate its activity - expand the scale of its operations as well as contribute to the implementation of the Federal Program on Agribusiness Development 2008-2012.