Memorandum on Cooperation with Novikombank

Tatarstan Investment Development Agency will sign a memorandum on cooperation with Novikombank Joint Stock Commercial Bank within the framework of International Aviation and Space Salon (MAKS), which will be held in Zhukovsky near Moscow on August 16-21, 2011.

The main goal of signing the memorandum is establishment and development of a long-time and mutually beneficial strategic business partnership and cooperation on implementation of projects dedicated to development of high-technology industries.

Particular attention will be paid to the activities devoted to improvement of Tatarstan Republic economy competitiveness and the use of innovative methods and technologies. 

Novikombank

 Novikombank is a modern technology-intensive Russian bank, which offers its customers banking services in all segments of the financial market. Novikombank is among the top 100 largest Russian banks. The Bank’s business volumes are constantly growing – its assets exceed 73 billion roubles. Novikombank has vast experience of success in working with leaders of the national economy. The Bank’s customers include leading enterprises of the heavy-machinery, automotive, high-tech industry. JSC AVTOVAZ owns 20% of the Bank’s authorized capital. Novikombank is actively supporting the real sector of the Russian economy. The Bank is a financial partner of the Russian Technologies State Corporation. Also, it is playing a vital role in implementation of the government programs aimed at development of high-tech industries in Russia and modernization of the national economy.

Press Service of Tatarstan Investment Development Agency