In 2018 the volume of Rosselkhozbank (RSHB) investments in the country's agro-industrial complex reached a record figure of 1.2 trillion rubles. (+ 6% by 2017). This is reported by the Ministry of Agriculture of the Russian Federation with reference to the head of department, Dmitry Patrushev, who held a meeting of the supervisory board of the bank on January 31. According to him, RSHB increased lending of seasonal work by more than 20%, the issuance of long-term loans in the agro-industrial complex grew by almost 11%. In 2019, Patrushev expects the RSHB to continue its sustainable growth and active participation in supporting the industry. Chairman of the. Read more...
Russian Agriculture Bank, or Rosselkholzbank, may issue perpetual bonds to boost its capital next year, the bank's deputy chief executive Kirill Levin told Reuters. "We will decide on the need, the programmes registered are for the future," he said. Levin added that there is no urgent need for the capital boost now.On Monday, Russian central bank said it has registered a total of 10 planned perpetual bond issues by the state-owned Rosselkhozbank totally worth $450 million and separately 300 million euros ($353 million).. Read more...
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