OREANDA-NEWS. June 05, 2013. In 2013, Russian Agricultural Bank (RusAg) extended more than RUB 66 billion for seasonal field works activities, which makes up a 39.8% growth year-on-year.

The Bank`s share in financing of the sowing campaign exceeds 70%.

Acting as a Government agent for agribusiness development, RusAg pays primary attention to financing of seasonal field works and makes consistent efforts to raise availability of financial resources for the national agribusiness. To secure a successful sowing campaign, the Bank formed a special working group to supervise an effective decision-making process on loans distribution for the campaign—related purposes.

“Russian Agricultural Bank retains its main focus on continuous and reliable financing of the strategically important industry of the Russian economy, infrastructure development of rural areas and building prosperity of local population”, Dmitry Patrushev, Chairman of the Board and CEO, noted.