RusAg Extended more than RUB 194,3 bn for Small Business in 2013
OREANDA-NEWS. February 07, 2014. Russian Agricultural Bank’s (RusAg) small business loan portfolio amounted to RUB 393.7 billion.
In 2013, RusAg extended more than 32 thousand loans to small business for the total amount of RUB 194.3 billion.
Moreover, financing to small enterprises in agribusiness increased 14.5% as compared to 2012 and exceeded RUB 147 billion.
Currently, the Bank’s borrowers in this segment comprise about 34 thousand enterprises.
RusAg places special focus on lending to small business patterns. RusAg will continue its work aimed at increasing availability of credit resources by upgrading and expanding the product range and adapting it to the needs of the Bank’s clients and the WTO requirements.
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