Novikombank to finance the Russian Helicopters holding company
Russia’s Rostec State Corporation bank Novikombank signed an agreement with the Russian Helicopters Holding Company to finance projects for the serial production of civil helicopters
The funds of the agreement will be used for the mass production of civil helicopters, within the framework of the international Aviation and Space salon MAKS-2021.
"Understanding of the industry and a high level of expertise allows us to participate in the implementation of large-scale programs,” said Elena Georgieva, Chairman of the management board of Novikombank. “Our cooperation with the holding gives visible results in the form of the latest equipment in demand both in Russia and abroad.”
Novikombank has been cooperating with the Russian Helicopters Holding Company since 2011, providing settlement, credit, investment and financial services. In 2019, the Russian Helicopters Holding Company and Novikombank signed a strategic partnership agreement.
Increasing efficiency of Russian Helicopters
Especially for Russian Helicopters and the organizations belonging to the Holding, Novikombank provides the development of credit and financial mechanisms, as well as the introduction of modern financial resource management technologies in the Holding to increase the efficiency of its activities.
The International Aviation and Space Salon (MAKS) has been held in Russia since 1993. The air show is held under the patronage of the President of the Russian Federation with his personal participation, as well as with the participation of the leaders of Russia's partner countries.