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Sberbank issued a loan in the amount of 120 million rubles for the development of fish processing

The Far Eastern bank Sberbank of Russia issued a loan in the amount of 120 million rubles to upgrade equipment and modernize the receiving pier of a salmon fish factory in the Kamchatka Territory. TIA Ostrova reports this with reference to the bank's press service.

Based on the results of the first half of 2014, the Bank's loan portfolio for fishing and fish processing companies in the region amounted to 1,9 billion rubles. “In 2012, Sberbank financed the construction of a fish plant with a capacity of 320 tons of finished products in the village of Ivashka, Karaginsky District, Kamchatka Territory,” said Evgeny Titov, Chairman of the Far East Bank of Sberbank of Russia. “The size of our investments amounted to 540 million rubles.”

According to him, “the project has been successfully implemented,” and now the company has been provided with “financial resources for the passage of Putin-2014 and further development.” “This project is a vivid example of increasing the production capacity of the region in the field of integrated fish processing,” he said.

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