OREANDA-NEWS  On 02 March was announced, that Russian Agricultural Bank and JSC “Akron” signed Agreement on the financial support of mineral fertilizers delivery to the domestic agribusiness in 2009-2010.

The Agreement was signed with the view to increase financial support of producers of commodities used in agribusiness and to expand supply of those to the domestic market.

According to the Agreement, agribusiness producers can get loans in the form of promissory notes in RAB for purchase of mineral fertilizers through the distribution network of JSC “Akron”.

The parties have already embarked on the program. RAB’s regional branches have established cooperation with suppliers of mineral fertilizers, and agribusiness producers have been informed on the possibility of financing of mineral fertilizers supplies.