OREANDA-NEWS. October 19, 2012. The total volume of loans extended by Russian Agricultural Bank (RusAg) under the State program on agribusiness development and market regulation for agricultural products, raw materials and foodstuffs 2008-2012 amounted to RUB 1.6 trillion, reported the press-centre of RusAg.

RusAg’s financial support is the key factor defining the progress of main industry-specific directions, such as implementation of agribusiness investment projects, small business development, and facilitation of seasonal field works.

Over the last 4 years RusAg has maintained a dominant 70% share in financing seasonal field works. The total volume of financial resources extended by RusAg for these purposes in the framework of the State Program exceeded RUB 626 billion since its launch in 2008.

Russian Agricultural Bank, being the leading financial institution in lending to the national agriculture, is committed to further extend its support to agribusiness producers across the country.