Novikombank financed and confirmed the letter of credit issued by Invest Finance Bank (Uzbekistan) in favor of Commercial automobiles – GAZ Group on behalf of its clients BEKOLE-BIZNES and TASHTIB-TEX. Under the deal, EXIAR provided insurance against commercial and political risks.

The bank has been financing supply of largest Russian automobile producer at the support of EXIAR since 2013.

Novikombank is a leader on number of deals on financing of the Russian exports to the CIS under EXIAR coverage.