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Novikombank expands cooperation with regional chambers of commerce and industry Posting in CHAT: Russia 04.19.2024 13:14 SAMARA. APRIL 19. LAST NEWS. Read: 28 Print version If you find an error in the text, highlight it and press CTR+Enter The Rostec State Corporation Support Bank is strengthening cooperation with regional chambers of commerce and industry throughout the country. Since the beginning of 2024, Novikombank branches have become part of 20 Chambers of Commerce and Industry. Membership in the Chamber of Commerce and Industry opens up additional opportunities for financial organizations to directly interact with small and medium-sized businesses and helps entrepreneurs attract financing on favorable terms. Photo: courtesy of Novikombank Cooperation with small and medium-sized businesses (SMEs) is one of the most dynamically developing areas of Novikombank’s activities. The Bank creates favorable conditions for the development of small and medium-sized businesses, offering them access to government support instruments, as well as its preferential financing programs. In 2023, the loan portfolio of Novikombank SMEs increased by 24%, the guarantee portfolio - by 17%. The increase in the volume of SME funds in accounts with Novikombank amounted to 21%. Thanks to membership in the Chamber of Commerce and Industry, Novikombank plans to significantly expand the range of its regional partners from the SME segment. The companies that are part of the supply chain of Rostec enterprises are of greatest interest. The bank offers them preferential lending programs, including using umbrella guarantees of the SME Corporation, as well as innovative tools for raising funds - digital financial assets. An online mechanism for providing express guarantees has been developed for companies participating in public procurement and tenders. With its help, applications are processed as quickly as possible. At events held at the Chamber of Commerce and Industry, Novikombank specialists talk about tools for organizing affordable financing. The bank also conducts financial literacy lessons for company managers and employees and receives feedback from entrepreneurs. The Chamber of Commerce and Industry is known as an institution that represents and protects the interests of entrepreneurs. Membership in the Chamber of Commerce and Industry indicates the high commercial reputation of the company, its reliability, integrity and stability. Last news Source link Source link