Novikombank is a Russian bank specializing in financing of enterprises in the heavy-machinery, automotive, high-tech, oil and gas industry.
[2] At the end of 2008 after the additional issue of shares, AvtoVAZ OJSC joined the bank's shareholders, which in 2011 sold its 20 percent stake to Rostechnologii Group of Companies (formerly Rostec).
In April 2018, he increased his stake to 74.23%, and on July 26 of the same year, he signed agreements to buy out shares from all remaining shareholders.
[4] According to the decision of the Bank of Russia Board of Directors in April 2015, Novikombank participates in the financial rehabilitation of OJSC FundServiceBank.
[12] On 24 February 2022 the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Novikombank under E.O.