Novikombank to provide RUB 5.88 billion for construction of waste processing complexes

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AK&M 12 May 2021 21:39

Novikombank, the base bank of Rostec State Corporation, has provided the RT-Invest Group with RUB 5.88 billion in a loan facility for the construction of modern environmentally friendly waste processing complexes, the company informed.

Money lent by Novikombank are currently used, among other things, for the construction of a waste processing complex in Kazan expected to be launched in 2022.

JSCB Novikombank (Moscow city, registration no. 2546, tax number: 7706196340) established in 1993 lends to major corporate clients, provides settlement and cash services to legal entities. The bank's branches are located in Rostov-on-Don, Nizhny Novgorod, Togliatti and St. Petersburg, the bank also has 4 satellite offices and 2 operational offices. One of the bank's largest shareholders is Rostec State Corporation. The Government of Russia has recognized Novikombank as the primary bank of Rostec State Corporation.