OREANDA-NEWS. August 9, 2011. At the end of July, 2011 Novikombank has essentially increased its capital due to the attraction of two subordinated loans.

Subordinated loans in the amount of RUB 650 mln and RUB 700 mln have been received from "Lada-credit" bank for the tenor of 32 years and 10 years respectively.

As of August 1, 2011 the total capital of Novikombank reached RUB 9 bln. (USD 323 bln)

Additional capital provides Novikombank opportunity for the further increase of active operations volumes in accordance witho the Strategy for 2010-2014.