OREANDA-NEWS. Russian Agricultural Bank (RusAg) took part in the XXV Congress of Association of Farms and Agricultural Cooperatives of Russia. Discussions at the Congress included topical questions of agribusiness and farms development, and various aspects of financial support to agricultural producers.

In 2013, RusAg provided over 163 thousand loans for the total amount exceeding RUB 190 billion to small business in rural areas. The loan portfolio to this type of borrowers has grown 9.3% y-o-y and exceeded RUB 421 billion.

RusAg's strategy through 2020 sets forth rural small business support as one of its key business segments. The Bank will continue its work aimed at increasing loan availability through further improving and expanding the product range, and simplifying the credit decision process.