OREANDA-NEWS. August 13, 2013. In H1 2013, Russian Agricultural Bank (RusAg) extended RUB 99.12 billion to 18 364 small enterprises under the small businesses financing programs.

More than 40% of financial resources extended to small businesses (RUB 40.8 billion) were allocated to investment purposes: construction and modernization of farmsteads, purchasing of agricultural lands and technical equipment, and other.

Lending to small businesses is one of the main priorities for Russian Agricultural Bank. The Bank provides financial support to farmers, individual entrepreneurs and agribusiness cooperatives.

As of July 1, 2013, the Bank extended RUB 402.5 billion to small businesses.