RSHB issued about 4 billion rubles to the KOMOS GROUP Group under the program of preferential lending to the backbone enterprises of the agro-industrial complex. This is stated in the bank's message.
The recipient of the loan in accordance with the Decree of the Government of the Russian Federation dated 03/16/2022 No. 375 was a client of the Udmurt regional branch of the Rosselkhoznadzor. GC "KOMOS GROUP" is one of the largest agricultural holdings in Russia. The structure of the holding includes enterprises specializing in crop and dairy farming, milk processing, pig breeding and meat processing, poultry farming, feed production. The funds issued by the Rosselkhoznadzor are used for the development of feed mills and milk processing enterprises, as well as for the purchase of packaging.
Rosselkhoznadzor has already concluded a number of transactions under the program. In particular, the funds were provided by Miratorg Agricultural Company, Damate Group of Companies and AGROECO Group of Companies.
RSHB announced the signing of an agreement with the Ministry of Agriculture on the program of preferential lending to the backbone enterprises of the agro-industrial complex in the spring of 2022. System-forming enterprises and/or their subsidiaries from the list approved by the Government Commission on Increasing the Sustainability of the Development of the Russian Economy can become borrowers. In accordance with the terms of the program, large enterprises can receive a loan of up to RUB 7 billion for operating activities at a rate of no more than 10% per annum. The loan is granted for a period of no more than 12 months and can be directed, for example, to the purchase of fuel, mineral fertilizers, agricultural raw materials for subsequent processing, etc.