Novikombank and the Ministry of Industry and Trade of Tatarstan entered into a cooperation agreement

The Rostec Support Bank and the Ministry of Industry and Trade of the Republic of Tatarstan entered into an agreement aimed at developing a system for financing industrial enterprises and organizing interaction with technology parks and special economic zones in Tatarstan. The document was signed by Deputy Prime Minister — Minister of Industry and Trade of the Republic Oleg Korobchenko and Deputy Chairman of the Board of Novikombank Alexey Kuznetsov.

The purpose of the agreement is to make lending more accessible and interesting for industrial enterprises and projects for the creation, modernization and (or) reconstruction of the infrastructure of industrial and industrial technology parks. In addition, cooperation provides for the creation of conditions for effective interaction between industry, state authorities and local government of the Republic of Tatarstan, as well as providing enterprises with access to support tools and other Novikombank products.

“The Republic of Tatarstan is a region with a dynamically developing industry. Large enterprises are located here, and there are actively growing small and medium-sized businesses. Cooperation with Novikombank will allow enterprises to largely speed up and optimize the processes of modernizing production, releasing innovative products, establishing supply chains, and therefore will make a significant contribution to strengthening the industry and economy of the region,” said Deputy Prime Minister — Minister of Industry and Trade of the Republic of Tatarstan Oleg Korobchenko.

“Cooperation with the Ministry of Industry and Trade of Tatarstan is another step for Novikombank towards strengthening partnerships with the republic and its enterprises. This will help us strengthen support for industry, as well as direct our expertise and resources for the benefit of the development of the region’s economy,” said Alexey Kuznetsov, Deputy Chairman of the Board of Novikombank.

Cooperation with the Ministry of Industry and Trade of Tatarstan is a continuation of a diverse partnership between Novikombank and the republic. At the end of last year, Rais of Tatarstan Rustam Minnikhanov and Chairman of the Board of the Bank Elena Georgieva signed an agreement that provides for interaction in order to develop the socio-economic sphere and industry of the region. In addition, the bank has long been actively involved in the economic life of the region, financing large industrial enterprises.

Summarizing the results of the implementation of joint activities of the core bank of the Rostec state corporation with the Republic of Tatarstan and issues of expanding cooperation with the budget — a meeting of the working group with the participation of the Ministers of Economy, Industry and Trade of the Republic and the management of Novikombank was devoted to the systemically important companies of the region.