OREANDA-NEWS. January 26, 2015. Russian Agricultural Bank and the Stavropol Region Administration signed a Cooperation Agreement in the framework of the State Program on Agribusiness Development and Market Regulation for Agricultural Products, Raw Materials and Foodstuffs 2013-2020.

Pursuant to the Agreement the Bank will expand the financing of the regional agribusiness, including through investment loans disbursement.

For its part, the Omsk Region Government commits to ensure the financial support of the State Program implementation and the provision of state-issued performance guarantees for agribusiness producers, who plan to get the Bank’s loan.

The Agreement implementation will allow to raise output and sales of regional farms and individual households, and will facilitate an increase in the food security and living standards of rural population.