Alfa Bank's loan portfolio in the agro industry has doubled since the beginning of 2016 and reached $ 2 billion by mid-2017. This was reported by the director of the department for working with major corporate clients of the bank, Sergey Andreev, at the 18th Grain Round of the Grain Union in Gelendzhik. "The bank's capital is a significant amount - about 5.7 billion dollars. Our loan portfolio in the agro-industrial complex today is two billion dollars, and the portfolio of projects with guarantees and trade financing reaches 2.5 billion dollars. And, it is a question of large and average clients, not considering small business. And about 50 percent of this amount is investment projects, "he said.. At the same time Andreev noted that in early 2016 the bank's portfolio in the agro-industrial complex was a billion dollars. According to him, about 30 percent of the "agrarian portfolio" of the bank falls on crop production. "Among the customers there are also cattle breeders, trading companies, and grain traders," he said, noting that the bank is "present at every stage of the production cycle". As Sergey Andreev emphasized, in the strategy of Alfa-Bank the agro-industrial complex is defined as one of the priority directions and points of growth. "The bank established a special team to work with the Ministry of Agriculture in the framework of this program. We help our clients prepare a set of documents, provide consulting support, and in a number of projects interact with the Ministry of Agriculture, "he said.. "As for the export trade in grain, we are ready to provide loans to finance shipments of goods. That is, we are ready to enter the cycle from the formation of the consignment to its sale, "Andreev stressed and added that this direction the bank is ready to finance up to 90 percent, and in some cases up to 100 percent of the contract amount. Currently, the bank has more than 1.2 thousand corporate clients in the agro-industrial complex. The largest of them are Holdings Prodo, Steppe, Rusagro, Solar Products, Siberian Agrarian Group and others.

As the member of the board of Alfa Bank, co-director of the Corporate Investment Bank unit, Maxim Pershin, stated earlier, by the end of 2017 the entire corporate portfolio of the bank could amount to about 24-25 billion dollars (19 billion at the end of 2016). For five years, the task of doubling the loan portfolio. At present, the bank's share in the corporate lending market is slightly more than three percent, in five years it can reach five percent, and in the priority sectors up to 10 percent, he said..

Original article: Alfa-Bank's loan portfolio in the agro-industrial complex has increased to two billion dollars.