Loan Portfolio of Russian Agricultural Bank Grew RUB 74 bn
OREANDA-NEWS. August 01, 2013. In 1H2013, Russian Agricultural Bank (RusAg) increased its loan portfolio by RUB 74.1 billion up to RUB 1,179 billion according to Russian Accounting Standards.
The Bank`s corporate loan portfolio grew 5.8% to an amount of RUB 959 billion while retail loan portfolio increased 11% and reached RUB 220 billion.
The Bank continued its consistent work aimed at improvement of its loan portfolio quality and efficiency of its investments in the national agribusiness. In 1H 2013, RusAg extended over RUB 381 billion, and showed 28% growth compared with 1H2012 result. Over 70% of the loans are extended to agribusiness.
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