Agrarians of Tatarstan received 20% more funds from Rosselkhozbank than a year earlier

9 August 2022, Tuesday

For 7 months of the current year, the Tatarstan regional branch of the Russian Agricultural Bank issued 9.5 billion rubles to the agrarians of the republic for seasonal field work, which is 20.3% more than the amount for the same period last year.

Most often, agricultural producers of Buinsky and Tetyushsky districts applied for support. The total number of applicants in these regions amounted to more than 30 organizations, and the total amount of support was about 305 million rubles.

Significant support was provided to farmers registered in Kazan (about 2 billion rubles), Aksubaevsky (1.3 billion rubles), Chistopolsky (1 billion rubles), Kamsko-Ustyinsky (1 billion rubles), Leninogorsk (about 900 million rubles), Tukaevsky (about 800 million rubles) areas.

In general, this year Rosselkhozbank supported more than 120 agricultural producers of the republic for a total of 9.5 billion rubles (including prolongations). Almost all loans are issued at a preferential rate of no more than 5% (under Decree of the Government of the Russian Federation No. 1528).

Rosselkhozbank holds the first place in the region in terms of the program of concessional short-term lending. As of July 21, 2022, according to the Ministry of Agriculture and Food of the Republic of Tatarstan, the share of the branch in the regional market was 65%, including 53% for small farms loans.

 “The main mission of Rosselkhozbank is to help the agro-industrial complex, promote its development and ensure food security. We are always ready for a constructive dialogue and ready to help our agricultural producers in the successful implementation of seasonal field work,” said Lyalya Kudermetova, director of the Tatarstan regional branch of Rosselkhozbank.

JSC "Rosselkhozbank" is the basis of the national credit and financial system for servicing the agro-industrial complex of Russia. The bank was established in 2000 and today is a key lender to the country's agro-industrial complex, one of the largest and most stable banks in the country in terms of assets and capital, and also one of the leaders in the reliability rating of the largest Russian banks.

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