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18 November, Saturday

Ufa   °

The amount of credit support for farmers in Bashkiria increased by 70%

Economy/Business

For three quarters of the year the volumes of credit support for farmers in Bashkiria increased by more than 70%, as compared with the same period of time in 2010. The sum of the credits, given out to Bashkir farmers, amounted to 23,8 billion rubles. “ROSSELKHOZBANK” pays special attention to crediting of small farmings within the frames of the state program for development of agriculture.

The owners of private auxiliary farmings received the credits for the sum of 23,6 billion rubles – by 50% more than for the same period of time in 2010. The sum of credits, given by the bank to the agricultural co-operatives, made up 4,1 billion rubles – by 36,7% more than in 2010.

The state program for development of agriculture is running since 2008. For this period of time the overall amount of the credits, distributed according to this program, exceeded 1,2 billion rubles.

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