Novikom Bank sharpens risk strategy to fuel growth in Russia's top 15
At the III Russian Risk Forum, a representative of Novikom Bank discussed the tools enabling the bank to mitigate risks, expand its diversified portfolio, and strengthen its market position.
Novikom pursues a balanced risk policy, carefully assessing and minimizing risksâboth sectoral and international. As the bank scales its operations, the key challenge lies in maintaining a balance between growth and the quality of its loan portfolio.
The bank places special emphasis on concentration risk assessment. To reduce exposure, Novikom actively leverages existing banking regulations, including guarantees and sureties from development institutions. Additionally, the bank adopts innovative methods, such as risk participation agreements (RPAs). In 2025, Novikom executed several transactions under these agreements, acting both as a financing lender and an external participant.
Anna Lavrentyeva, Senior Vice President of Novikom, noted:
"Today, managing concentration risk is indispensable in banking risk management. Expanding the toolkit to mitigate this risk broadens lending opportunities, allowing the bank to grow and diversify its portfolio across all economic sectors."
Speaking at the III Russian Risk Forum, Lavrentyeva emphasized that Novikom operates proactively, implementing cutting-edge risk management approaches in line with evolving regulatory requirements.
To further promote risk management tools, the bank's expert proposed initiatives to refine RPAs. These include standardizing document requirements and introducing specialized regulations for reserve provisions and credit risk assessment, tailored to the specifics of such agreements.
With over 30 years in the market, Novikom ranks among Russia's top 15 banks by assets. Under its current development model, the bank has built a multi-sector loan portfolio, serving borrowers from high-tech industries to retail, marketplaces, transport, and IT companies. According to its 2036 strategy, Novikom aims to continue growing as a universal credit institution and enter the top 10 largest banks in the country.
