RusAg Extended RUR 2,2 bln to Fisheries in 1Q2010
OREANDA-NEWS. April 21, 2010. In 2009, Russian Agricultural Bank extended loans for investment projects and current expenditures of fishery plants totaling RUR 6.2 billion, and in January-March 2010 – RUR 2.2 billion. Loan portfolio for fisheries reached RUR 9.6 billion as of April 1, 2010, reported the press-centre of RusAg.
In particular, RusAg extends loans for the purchase of raw materials, pre-cropping ships preparation, building and modernization of production facilities, and purchase of modern equipment.
Russian Agricultural Bank plans to further enhance the scale of lending for the purpose of fisheries development.
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