Novikombank carries out targeted work on establishing and developing relations with Russian and foreign credit organisations, export credit agencies, and international financial institutions.
Services for financial institutions:
- Establishment of correspondent relations. Novikombank will be pleased to see your reputable bank among our correspondents. With correspondent nostro accounts in leading foreign financial institutions, Novikombank is ready to offer cooperation with your bank on beneficial terms, and to perform operations in various currencies;
- International settlements. Novikombank has a correspondent bank network, which enables prompt settlements with correspondent banks worldwide;
- Cooperation in the field of establishing mutual short-term and long-term credit lines. Having vast experience of the field and an impeccable business reputation, Novikombank offers mutually advantageous cooperation on interbank, currency and equity markets.
- Cooperation in the field of trading, structural financing provided under the projects of partner banks’ customers (operations with the involvement of export-credit agencies and trade finance). Novikombank offers cooperation to partner banks in the field of joint projects on financing customers’ foreign trade activities.
International activity of Novikombank includes:
- The arrangement of short-term export and import operations finance (letters of credit, guarantees, pre-financing). Novikombank has vast experience of working in this area and, in close cooperation with the largest foreign financial institutions, it offers services in the structuring of trade finance transactions.
- Financing of mid-term and long-term import operations of customers in cooperation with export-credit agencies: Euler Hermes (Germany), EGAP (the Czech Republic), ERG (Switzerland), OeKB (Austria), Coface (France) and the largest foreign banks: IKB Deutsche Industriebank AG, Dexia Bank, Raiffeisen Zentralbank Oesterreich AG and others. The funds provided by foreign banks are used to finance customer projects in up to 7-year terms of financing. The Bank has successfully implemented the long-term finance of customer projects on the importation of various products from European countries.
