OREANDA-NEWS. At the beginning of April the total loan portfolio of Russian Agricultural Bank has reached RUR 506 billion. During the first quarter of 2009 it grew by 9%, reported the press-centre of Russian Agricultural Bank.

Year to date the Bank has extended 39 thousand loans to the total amount of RUR 88.7 billion. In particular, RAB has allocated RUR 30.1 billion for spring field works, RUR 3.7 billion – to personal households owners.

The Bank has also focused on financing of state grain purchase and commodities interventions. In the first quarter of 2009 RAB allocated over RUR 18 billion for this purpose.