Novikombank and the Republic of Tatarstan agreed on cooperation

The supporting bank of the Rostec state corporation, Novikombank, and the Republic of Tatarstan entered into a cooperation agreement. According to the parties, this interaction opens up new opportunities for developing the republic’s economy, attracting investments and creating favorable conditions for business.

The signing of the document took place as part of a working meeting between representatives of Novikombank and the delegation of the Republic of Tatarstan. The agreement was signed by the Chairman of the Board of Novikombank Elena Georgieva and the District Commissioner of the Republic of Tatarstan Rustam Minnikhanov.

The parties intend to develop cooperation in the field of investment programs, innovative expansion of the region's industrial complex, as well as the modernization of its enterprises.

One ​​of the priority areas of the partnership is lending to small and medium-sized businesses, improving the payment infrastructure in Republic of Tatarstan, including through the introduction and use of the Fast Payment System, and the development of modern financial technologies in the territory of the subject.

Also in focus is the implementation of federal and republican programs to provide citizens with housing, including mortgage housing, increasing the financial literacy of the population and SMEs, and creating new jobs.

Novikombank actively participates in the economic life of the Republic of Tatarstan, providing comprehensive services to key industrial enterprises in the region, such as the Kazan Helicopter Plant, PJSC KamAZ, JSC KAPO-Composite, JSC Kazan GiproNIIaviaprom named after. B. I. Tikhomirova», JSC «Kazan Engine-Building Production Association».

In May 2023, Novikombank began cooperation with the Industrial Development Fund of Tatarstan. Thanks to the agreement, the region's industry has the opportunity to gain access to current state support measures aimed at stimulating technological modernization and the introduction of innovations in production.

“The bilateral partnership of Novikombank and the leadership of the Republic of Tatarstan will provide financial support for all processes aimed at strengthening the economic potential and increasing the investment attractiveness of the republic. Effective banking solutions, accumulated expertise in the implementation of large-scale projects and a wide range of product offerings in combination will become an effective impetus for the further sustainable development of regional business,” emphasized Elena Georgieva, Chairman of the Board of Novikombank, curator of the Voronezh regional branch of SoyuzMash of Russia.