Contract was signed with WBC, US investment company for 5 million USD credit line for 10 years
Bank became a member of "Contact" fast money transfer system
Shirvan branch is opened (12th regional and 18th branch in total)
Shamkir branch is opened (11th regional and 17th branch in total)
Annual audit report of the bank was held by Deloitte&Touche for the last 4 consecutive years
Merkez branch is opened (6th Baku and 16th branch in total)
Rabitabank utilized fully 2nd credit line from International Financial Corporation (IFC)
2007
Contract signed with International Finance Corporation for 2 mln credit line for SME financing and option to acquire up to 20% of the shares of the bank
Sabail branch is opened (5th Baku and 15th branch in total)
Bank became associate member with Visa International Payment System
Bank became a member of the Deposits Insurance Fund
Bank became a member of the State Mortgage Fund
Gusar branch is opened (10-th regional and 14-th branch in total)
Placement of 5 million USD bonds on European market, Parex Banka acted as arranger on the deal
Khachmaz branch is opened (9-th regional and 13-th branch in total)
2006
Bank signed agreement with EBRD for 3 mln USD credit line for SME financing and 1 mln for Trade Finance
Bank became a member of ADFIMI - Regional Association of Development Finance Institutions (DFIs) in the Member Countries of Islamic Development Bank (IDB)
2005
Ganja branch is opened (8th regional and 12th branch in total)
Shamakhi branch is opened (7th regional and 11th branch in total)
Guba branch is opened (6th regional and 10th branch in total)
2004
Sheki branch is opened (5th regional and 9th branch in total)
The Bank became a partner with ICD, private sector arm of Islamic Development Bank
Nizami branch is opened (4th Baku and 8th branch in total)
Sahil branch is opened (3rd Baku and 7th branch in total)
2003
Lenkoran branch is opened (4th regional and 6th branch in total)
The Bank became a member of State Fund for Entrepreneurs Support
Nasimi branch is opened (2nd Baku and 5th branch in total)
Kurdamir branch is opened (3rd regional and 4th branch in total)
2002
The bank joined worldwide network of Western Union payment system
1998
First credit line agreement signed with International Finance Corporation (IFC)
Sumgayit branch is opened (2nd regional and 3rd branch in total)
1997
The Bank became member of SWIFT
The Bank became principle member of Europay International (Master Card)
Nakhchivan branch is opened (1st regional and 2nd branch in total)
1996
In line with the signed agreement #1/10 Rabitabank has been assigned by the NBA as an agent to deal with short term Treasury Bills in the market
Rabitabank became a member of the Baku Interbank Exchange
1994
The bank became a member of Baku Interbank Currency Exchange
Rabitabank became a member of the Banks Association of Azerbaijan
Yasamal branch is opened (1st Baki and 1st branch in total)
1993, June 30th
The bank received a banking license from National Bank of Azerbaijan
Number of service points of Rabitabank is 6 in Baku, 14 in regions and 25 ATM’s