Russian Agricultural Bank’s (RusAg’s) subsidiaries started exporting their products to foreign markets. ‘Agrotorg Tovarkovo’ LLC and ‘Raevsakhar’ LLC are part of ‘Agrotorg Trading House’ LLC, a RusAg subsidiary which manages the Bank’s assets in agribusiness.
In the framework of the new procedure for subsidized lending stipulating a commitment to grow output Russian Agricultural Bank’s (RusAg's) Rostov Branch issued a loan to ASTON Group of companies, the Russian largest foodstuffs and ingredients producer, the leading processor of oilseeds.
In 11M 2019, Russian Agricultural Bank (RusAg) doubled its net profit earning RUB 10.4 billion under Russian accounting standards. The part of profits eligible for inclusion in the Bank’s capital under the Bank of Russia requirements added up to RUB 3.4 billion.
In the framework of the Agreement Russian Agricultural Bank (RusAg) will take part in considering potential financing of projects in various spheres of social and economic development of the Krasnoyarsk region, the Republic of Khakassia and the Republic of Tyva.
AFG National Agro Holding has added Jordan to the list of its export destinations in the hope of growing rice exports to this country to 5,000 tonnes. Rice grown in the Kuban region is currently exported to 20 countries of the world.
Russian Agricultural Bank (RusAg) prioritizes support and services for clients engaged in foreign economic activity. In addition to existing services the Bank has automated notifications on foreign currency control documents to simplify compliance with Russian foreign exchange laws.
While on a working trip to the Belgorod region, Maxim Luybomudrov, Deputy Chairman of the Board at Russian Agricultural Bank (RusAg), discussed agribusiness development and increasing the availability of financial services with Evgeniy Savchenko, Governor of the Belgorod region.
Russian Agricultural Bank (RusAg) became the official sponsor of the largest Russian capital markets conference - 17th Russian Bonds Congress.
Russian Agricultural Bank (RusAg) has drawn up interim results of financing of export-oriented agribusiness small and mid-sized enterprises (SMEs). The Bank sees progress in this segment such as the increasing number of borrowers and loan book. SMEs sell their products to Europe, Asia and Africa.
Russian Agricultural Bank (RusAg) became an official sponsor of the XII International Forum Russian Bullion Market, RBF-2019 held on 21 November 2019 in Moscow.