Tatarstan agricultural producers can get preferential loans for seasonal field work

7 June 2021, Monday

The Ministry of Agriculture and Food of the Republic of Tatarstan conducts operational monitoring of the lending to the agro-industrial complex during the spring field work.

The limit of subsidies for concessional short-term lending for 2021 is 689.6 million rubles. Subsidies are provided in the following areas::

- small forms - 138 million rubles.;

- for crop production – 278.1 million rubles.;

- for animal husbandry – 97.9 million rubles.;

- for dairy cattle-122.8 million rubles.;

- for the processing of products - 52.8 million rubles.

The credit limit per borrower for 2021 is 1 billion rubles, and organizations engaged in sugar beet processing and poultry farming - 1.5 billion rubles.

As of June 3, 252 farms applications for 15.9 billion rubles were submitted to authorized banks.

Thus, the Russian Agricultural Bank got 72 applications for 4.9 billion rubles, including 49 applications for 1.1 billion rubles, Sberbank - 63 applications for 993.3 million rubles, Ak Bars Bank-7 applications for 307.6 million rubles, VTB – 9 applications for 1 billion rubles.

"We are making every effort to carry out seasonal work in a timely manner. Credit support allows agricultural producers to improve the technological side of field work and increase productivity, " said Deputy Prime Minister of the Republic of Tatarstan – Minister of Agriculture and Food of the Republic of Tatarstan Marat Zyabbarov.

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