OREANDA-NEWS. November 08, 2011. The volume of loans extended to personal household plots owners in the framework of special credit programs grew by more than 50% in January-September 2011 against the same period of 2010, and amounted to RUB 25.3 billion, reported the press-centre of RusAg.

Russian Agricultural Bank (RusAg) steadily increases lending to personal household plots owners offering them a wide range of credit products.

The total amount of loans in the framework of personal household plots development program reached RUB 19.8 billion in January-September 2011, which is a 22% growth against the same period of 2010.

RusAg launched a "Successful Partner" credit program targeting personal household plots owners, as well as refinancing program. It contributed RUB 3.8 billion to the Bank’s loan portfolio in 2011.

For personal household plots owners who has a favorable credit history in RusAg a "Reliable Client" program is available. The program secured RUB 1.7 billion to the Bank’s loan portfolio in 2011, which is 2.5 times more that in 2010.

The total amount of loans extended to personal household plots owners in the framework of all special credit programs reached RUB 61.5 billion as of October 1, 2011, which is a 17% growth for the year to date.