Rosselkhozbank increases volume of raised funds up to 2.3 trillion rubles

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Makhachkala, May 17, 2018. According to results of work in January-April 2018, the Agricultural Bank of Russia increased the amount of attracted customers’ funds by 4.5%, up to 2.3 trillion rubles, the press service of the credit institution reports.
According to the source, of these, 886.9 billion rubles were taken from the individuals (an increase from the beginning of this year - 39 billion rubles). Thus, the bank demonstrates the dynamics of raising funds at the level above the market average and is among the market leaders in this direction.

The total loan portfolio of the Bank since early 2018 increased by 9.1%, to 2.07 trillion rubles. Of these, the volume of loans to corporate clients amounted to about 1.7 trillion rubles, to individuals - 385 billion rubles. The portfolio of loans to enterprises of the agro-industrial complex increased by 16 billion rubles, to 1.2 trillion rubles.

Besides, the AB continues increasing the amount of financing for seasonal work - 124 billion rubles were allocated for sowing campaign, which is 27% more than the figure for the same period of the last year.
According to the results of 4 months of 2018, the Agricultural Bank of Russia received net profit, calculated on the basis of Russian accounting standards (RAS), in the amount of 687 million rubles. Due to the fact that the ABR operates mainly in the territory of the Russian Federation, the Bank focuses primarily on performance indicators under RAS.

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