Novikom Bank concluded a number of strategic agreements at SPIEF

Novikom Bank (part of RT-Finance Holding, the Financial Services Competence Center of Rostec State Corporation) concluded a number of strategic agreements during SPIEF 2025 aimed at supporting industry and the regions of Russia. This was reported by the bank's press service.

An agreement has been reached with the Radioelectronic Technologies Concern (KRET) to extend the terms of the concessional lending program to all KRET enterprises that are serviced in Novikom. The agreement will increase the volume of financing for KRET enterprises, scale up programs for modernization, expansion of production capacities, development and implementation of new technologies.

"Novik has been supporting KRET projects for over 15 years. During this time, we have formed an effective model of cooperation, from lending to flagship programs in the aircraft industry to supporting green technologies. The expansion of the list of KRET enterprises participating in the bank's preferential programs logically reflects the dynamics of the development of our cooperation," said Elena Georgieva, Chairman of the Management Board of Novik Bank, Supervisor of the Voronezh Regional Branch of Soyuzmash of Russia.

An agreement was signed with the Government of the Kemerovo Region aimed at strengthening the region's economy and industry, as well as addressing the challenges of socio-economic development. The parties agreed to cooperate in the implementation of investment programs, support for the innovative development of the industrial complex of the Kemerovo region, as well as technical re-equipment and modernization of enterprises. In addition, the cooperation is aimed at developing lending to small and medium-sized businesses and improving the financial literacy of entrepreneurs in the region.