According to the appeal of the Ministry of Agriculture of the Republic of Tatarstan, the limit for concessional lending to farmers has been increased: the Federal budget will additionally allocate 152.9 million rubles

8 May 2020, Friday

Despite the difficult economic situation at the request of the Deputy Prime Minister of the Republic of Tatarstan - Minister of Agriculture and Food of the Republic of Tatarstan, Marat Zyabbarov, it was decided to allocate additional funds from the federal budget for preferential lending to agricultural producers of the republic.

The limit of subsidies for preferential short-term lending for 2020 after the increase is 725.7 million rubles.

Recall that in Tatarstan farmers who do not have enough own capital can receive borrowed funds at a reduced rate, which ranges from 1 to 5%.

Soft loans are issued to borrowers for the development of crop production and livestock, dairy cattle breeding, processing of agricultural products. This mechanism can be used by agricultural producers, organizations or individual entrepreneurs engaged in production, primary or subsequent processing of agricultural products and their implementation.

The maximum amount of preferential short-term loan provided to one borrower is not more than 600 million rubles.

As of May 7, 2020, authorized banks filed 211 applications for a total loan amount of 15.9 billion rubles. (554.7 million rubles in subsidies). The current balance of subsidies is 170.9 million rubles, which will allow attracting preferential short-term loans of approximately 4.8 billion rubles. All applications were reviewed by credit committees of banks. The Ministry of Agriculture and Food of the Republic of Tatarstan formed a register for them and sent it for consideration to the Ministry of Agriculture of the Russian Federation.

For the issue of soft loans, agricultural producers can contact the following authorized banks: Russian Agricultural Bank, Sberbank, VTB, Ak Bars Bank, Gazprombank, Svyaz-Bank, Alfa Bank, Raiffeisen Bank and others.

Manufacturers can get advice on filling out the necessary documents at the territorial bodies of the ministry or by contacting the call center of the Ministry of Agriculture of the Republic of Tatarstan 8-800-444-16-70.

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