Novikombank

Novikombank is a Russian bank specializing in financing of enterprises in the heavy-machinery, automotive, high-tech, oil and gas industry. Novikombank is ranked among the top 40 largest Russian banks. Member of the deposit insurance system.[2]

JSCB "NOVIKOMBANK"
TypeJoint-Stock Commercial Bank
Founded1993 (1993)
HeadquartersMoscow, Russia
Key people
Georgieva Elena Aleksandrovna (President)
OwnerRostec
RatingB2 (Moody's), B- (Fitch) (2017)[1]
Websitenovikom.ru

Ownership

As on 15 February 2016, Novikombank is 57,68% owned by Rostec.[3]

Subsidiaries and associated companies

According to the decision of the Bank of Russia Board of Directors in April 2015, Novikombank participates in the financial rehabilitation of OJSC FundServiceBank.[4]

Activities

Novikombank's customer-oriented policy is focused on providing banking services in all areas of the financial market.

Novikombank is one of the banks authorized to work under the state defence order.[5]

"Banking Business" prize winner.[6]

"Most Export Oriented Russian Bank" prize winner in the "Exporter of the Year 2014" competition.[7]

Recapitalization of Novikombank though Federal Loan Obligations (PFZ) in July 2015.[8]

References

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