Volga Baikal AGRO NEWS Update on the Financing of Seasonal Field Works in Russia !!!
Financing of seasonal field works increased by almost a quarter.
The RF Ministry of Agriculture conducts operational monitoring in the field of financing the agro-industrial complex. As of April 6, the total amount of credit funds issued by key banks for seasonal field works amounted to 254.1 billion rubles. This is 23.9% higher than the level of the same period of the last year.
In particular, the RosselkhozBank issued 170.7 billion rubles, Sberbank – 83.4 billion rubles. During the same period of the last year, financing of agricultural enterprises for these purposes amounted to 205.2 billion rubles, including from the RosselkhozBank – in the amount of 166.2 billion rubles, Sberbank – 39 billion rubles.
Source: RF Ministry of Agriculture
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