JOINT-STOCK COMMERCIAL BANK NOVIKOMBANK JOINT-STOCK COMPANY

It serves as the main bank for the russian state corporation "Rostec" and functions as the key clearing house for enterprises in the russian federation’s defense-industrial complex. The institution provides financial support and lending to russia’s largest manufacturers of weapons, aircraft, and military equipment. Until 2025, it was included in the list of banks authorized to provide banking services for the state defense procurement program.
"Novikombank" maintains/maintained accounts for russian enterprises involved in the production of weapons and military equipment used by the russian federation in the war against Ukraine, including:
"MMZ ‘AVANGARD’" JSC - a manufacturer of RM-48U cruise missiles for the S-400 system;
"NPO ‘POISK’" NAMED AFTER V.I. RDULTOVSKY JSC - a supplier of contact target sensors and safety-and-actuation mechanisms for ballistic and cruise missiles.
The bank is directly involved in the capitalization of Rostec’s strategic defense holding companies, including the "United Engine Corporation", "Russian Helicopters", the "Radio-Electronic Technologies" Concern, and "NPO High-Precision Systems". It provides a full range of settlement services for these enterprises and offers preferential loans to employees of military factories through a special social program called "Razvitiye".
The bank uses internal, closed payment channels and the Central Bank of the russian federation’s Financial Message Transfer System to circumvent sanctions restrictions.