OREANDA-NEWS. March 14, 2012. As part of its development strategy for 2010-2014, Novikombank is expanding its operations into the regions of its key customers business interests. On 6 February, 2012 Novikombank joined the non-profit “Association of Expert Support for Investment Projects in the Volga Federal District.”

The Volga Federal District is a business development priority for Novikombank. Joining the association is part of Novikombank’s strategy to strengthen its presence in the region. In 2011, the bank opened branches in Nizhny Novgorod, Samara, Togliatti, and this year it will open a representative office in Kazan.

By participating in the activities of the association, Novikombank will promote the development of financing for companies in the real sector of the economy, represented in the Volga Federal District, and will improve its services in the area of investment project support for the bank's clients, as well as the effectiveness of their implementation. Novikombank’s participation will also help to attract new clients.