Russian Agricultural Bank OJSC was created by the Government of the Russian Federation in 2000. The shares of this financial institution are 100% state-owned. The initial specialization of this bank was financing various agricultural enterprises, but over time the list of its services has expanded significantly. Today, this financial institution is actively engaged in lending and accepting deposits from the population.
"Agricultural Bank", reviews of which you can meet the most diverse, offers its customers the following services:
- salary cards and loans to various corporate clients ;
- operations with precious metals and securities;
- various currency transactions;
- deposits, loans, plastic cards and other services for individuals.
The number of branches of this financial organization is about 1500. That is the number of bank branches in cities, villages and other settlements of the Russian Federation. In terms of the number of branches, the Rosselkhozbank bank takes the second place among all similar institutions in Russia. In addition, the
credit organization has its representative offices in
neighboring countries, namely: in Azerbaijan, Belarus, Tajikistan, Armenia and Kazakhstan.
Russian Agricultural Bank: Features
Initially, the banking organization was aimed at supporting and developing the agricultural sector of the Russian Federation. It is precisely because the Rosselkhozbank is intended to implement the government’s plans for the development of the agrarian sector that the owners of personal subsidiary plots can take advantage of a unique credit program. It involves the issuance of funds for the development of its own farm with a very low interest rate of 14%.
Today, Rosselkhozbank, which can be found in huge numbers of reviews, offers its customers a huge variety of different loan programs. Since the financial organization is under the full control of the Russian government, a large number of them are supported by the state. A great example is the “Young Family” and “Military Mortgage” programs. Under these loans, borrowers can get new housing at very competitive prices. To do this, it will be enough for them to present the necessary package of documents to the Russian Agricultural Bank. Reviews of experts advise in this case to buy housing in a house under construction. Thus, you can get a new apartment at an adequate price, even considering the overpayment. On average, investments in a house under construction bring about 40-50% of dividends, which will just close the overpayment on a mortgage loan. In addition, the state usually pays the initial and several subsequent installments of the program grant.
Russian Agricultural Bank: reviews
Most customers of this bank greatly praise its employees for their professionalism, and the organization itself - for the convenience of work. Being under the full control of the government, this institution has the opportunity to help citizens of the Russian Federation and positively influence the development of the agricultural sector.