The share of credit investments of the regional division of “ROSSELKHOZBANK” in Bashkir agriculture reaches 62%

The amount of the credit portfolio of “ROSSELKHOZBANK” Bashkir division grew up by 8,7% and reached 12,4 billion rubles by the beginning of 2011. In particular the amount of the credit portfolio for natural persons grew up by 33% - up to 1,7 billion rubles. Thus, about two thousand credits for the sum of 340 million rubles were given just to the owners of private auxiliary farmings, the press-service of the bank reports. According to information of the National Bank RB the share of credit investments of “ROSSELKHOZBANK” Bashkir division in Bashkir agriculture reaches almost 62%. The sum of attracted means increased by 1,6 billion rubles in 2010, making up 5,4 billion rubles by January 1, 2011, and the number of the bank’s clients – both legal and natural persons – grew up by 53% for the last year.

Financial support of the enterprises, participating in the state program for development of agriculture in 2008-2012 remains the key direction in the credit policy of the bank.

“ROSSELKHOZBANK” is the base of the national credit-financial system, meant for servicing the agricultural complex of the country. Established in 2000, the bank is considered the biggest creditor of Russian agriculture and holds the fourth place in the bank system of Russia by the volume of assets. The bank is one of the leaders in the rate of reliability of the largest Russian banks. 100% of the bank’s shares are in the property of the state and more than 1600 offices of “ROSSELKHOZBANK” work in 78 Russian regions.