Tatarstan branch of Russian Agricultural Bank allocated 91 billion rubles for AIC development

Within the framework of the program on AIC development, Tatarstan branch of AO “Rosselkhozbank” (“Russian Agricultural Bank”) has allocated 91 billion rubles for development of AIC, which is over 87% of all loans given. 56.5 billion rubles have been allocated for seasonal works, which is 54% of the total amount of funds.

Investment lending of AIC is one of priorities among bank operations. As of August 1, 2017, the investment loan portfolio of corporate clients of Tatarstan regional branch exceeded 3.1 billion rubles.

“In 2017 Tatarstan branch of Russian Agricultural Bank continues financing of AIC of the republic, including financing by investment lending for development and modernization of top-priority agricultural spheres, as well as for technical and technological modernization of AIC”, - noted Director at Tatarstan branch of AO “Rosselkhozbank” Lyalya Kudermetova.