Tatarstan branch of Russian Agricultural Bank allocated 6.6 billion rubles for seasonal work

Since the beginning of 2016 Tatarstan branch of AO "Rosselkhozbank" (Russian Agricultural Bank) allocated 6.6 billion rubles for seasonal work, which is 1.7 times more than last year. The bank provided peasant farm enterprises with loans amounted to 837 million rubles, which is 4.3 times more than last year. The share of the bank in the sphere of crediting of peasant farm enterprises in the republic is 97%.

Loans enabled farmers to get ready for sowing and harvesting, to buy seeds, equipment, oil and lubricants, as well as to solve main seasonal problems.
"Activities of "Rosselkhozbank" are aimed at the increase of availability of loans and credits for AIC enterprises. As of today, Tatarstan branch meets the demand for crediting of seasonal work by providing agricultural producers with loans", - noted Director at Tatarstan regional branch of AO "Rosselkhozbank" Lyalya Kudermetova.