Lending for seasonal field work increased by 35.3%

The Ministry of Agriculture of Russia conducts operational monitoring in the field of lending to the country’s agro-industrial complex. The total amount of loans issued by key banks for seasonal field work amounted to 324 billion rubles. This is 35.3% higher than the same period last year.

In particular, Rosselkhozbank issued 216.3 billion rubles, Sberbank – 107.7 billion rubles. Over the same period last year, lending to agricultural enterprises for these purposes amounted to 239.5 billion rubles, including from the Russian Agricultural Bank – in the amount of 191.5 billion rubles, Sberbank – 48 billion rubles.