Loans to Russian farmers rise by 2.9% to 1.04 tln rbl by Nov 21

MOSCOW, Nov 27 (PRIME) -- Russian banks increased lending to the agricultural producers for the seasonal field works by 2.9% on the year to 1.04 trillion rubles by November 21, the Agriculture Ministry said in a statement on Monday.

Russian Agricultural Bank provided 725.3 billion rubles worth of loans, while Sberbank disbursed 317.3 billion rubles of loans.

(88.8133 rubles – U.S. $1)

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