OREANDA-NEWS. February 17, 2014. Dmitry Patrushev, Chairman of the Board and CEO of Russian Agricultural Bank, and Konstantin Ilkovsky, Head of the Zabaykalsky region Administration, have signed a Cooperation Agreement on implementation of the State Program on Agribusiness Development and Market Regulation for Agricultural Products, Raw Materials and Foodstuffs 2013-2020.

In the framework of the Agreement the Bank plans to increase its financing of the regional agribusiness, including through the provision of investment loans.

The Administration of the Zabaykalsky region takes a commitment to ensure financial support of the implementation of the State Program and assist in provision of state warranties for those borrowers who plan to apply for a Bank`s loan.

The implementation of the Agreement will contribute to development and modernization of agribusiness infrastructure, enhancement of food security of the region and improvement of living standards of the rural population.