Novikombank

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JSCB "NOVIKOMBANK"

Type	Joint-Stock Commercial Bank
Founded	1993; 29 years ago (1993)
Headquarters	Moscow, Russia
Key people	(President)
Owner	Rostec
Rating	B2 (Moody's), B- (Fitch) (2017)[1]
Website	novikom.ru

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]

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 .^[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[]