OREANDA-NEWS. March 06, 2013. Russian Agricultural Bank (RusAg) has approved the Program of the branch network development for 2013, which stipulates the opening of 33 new points of sale in 16 constituent entities of the Russian Federation.

In 2013, under the Program of the branch network development the Bank plans to open 33 new points of sale, including 6 mini offices. Besides, the Bank will change the location of 18 additional offices.

Operation of the new offices in small-sized cities and towns will be based on modern banking technologies. Regional expansion will allow the Bank to increase the availability of banking services for rural population and increase its client base.

Currently, RusAg has the second largest branch network in Russia, comprising 1501 offices. RusAg’s Strategy through 2020 stipulates the branch network expansion up to 3300 points of sale, primarily mini offices.