International lending partners:

International Finance Corporation (IFC)
Islamic Development Bank (IDB)
European Bank for Reconstruction and Development (EBRD)
Parex Banka

Local lending partners:

Azerbaijan State Entrepreneurs Support Fund
State Mortgage Fund

International Finance Corporation (IFC)
http://www.ifc.org/

IFC is the partner of Rabitabank since 1998. Since that time bank has signed two agreements with IFC for financing projects of Small and Medium Enterprises. IFC has also provided the bank with numerous technical assistance project including consultant support in the areas of credit underwriting, risk management, strategic planning etc. IFC owns option to purchase up to 20%of the shares of Rabitabank.

The International Finance Corporation is the private sector arm of the World Bank Group aimed to promote sustainable private sector investment in developing countries. Rabitabank has been in cooperation with IFC since 1997. Corporation extends credit lines to the bank for the purpose of financing micro, small and medium enterprises. IFC also provides technical assistance in the areas of strategic development and risk management. IFC holds an option to acquire up to 20% of the shares of the bank.

European Bank for Reconstruction and Development (EBRD)
http://ebrd.com/

EBRD is the partner of Rabitabank since 2007. Bank has received credit line from EBRD for financing micro, small and medium enterprises' projects and Trade Finance. EBRD also provides technical assistance to the bank in the area of credit underwriting and organization of microfinancing.

Established in 1991 EBRD provides investment tools to help build market economies and democracies in countries from central Europe to central Asia. EBRD has signed contract with Rabitabank in 2006 to extend credit lines for financing micro, small and medium enterprises as well as trade finance. EBRD also provides technical assistance to the bank in the area of credit underwriting.

Islamic Development Bank (IDB)
http://www.isdb.org/irj/portal/anonymous

IDB is the partner of Rabitabank since 2003. IDB extended two credit lines to Rabitabank to finance SME projects. Latest credit line was signed in December 2007.

IDB is an international financial institution established to foster the economic development and social progress of 56 member countries (including Azerbaijan). IDB has provided credit lines to Rabitabank for the purpose of financing of small and medium enterprises.

Parex Banka
www.parex.lv

In November 2007 Rabitabank has successfully closed fixed rate non-documentary unsecured bond issue on Latvian market. Emission amounted to 5 million USD with 3 year maturity period and fixed annual coupon of 13.5%. Parex Banka (Latvia), one of the leading players on banking and stock markets in Baltic states acted as an arranger of the issue. Investors represented Latvian financial institutions as well as international companies.

Azerbaijan State Entrepreneurs Support Fund - government fun financing of discount rate loans for production and agriculture purposes;

State Mortgage Fund - state fund created to refinance subsidized mortgage loans issued by banks, members of the fund;