RusAg’s Retail Loan Portfolio Exceeded RUB 260 bn
OREANDA-NEWS. November 21, 2014. The retail loan portfolio of Russian Agricultural Bank (RusAg) exceeded RUB 260 billion.
Loans to household plots owners, consumer and mortgage loans account for the largest share of the portfolio. Mortgage loans increased by 70% as compared to the same period in 2013 and amounted to RUB 67.4 billion.
In 9 months of 2014, RusAg’s loans, along with constant credit processes and product terms upgrade, and special offers for focused clientele, contributed to improvement of housing conditions of 21,600 families.
RusAg actively develops its retail business. The Bank’s reliability, wide product range and high service quality underlie the loan portfolio growth.
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