Rabitabank

17.03.08Rabitabank signs USD 5 million 10-year credit agreement with U.S.-based finance company
03.02.08Rabitabank end of 2007 results. Assets of Rabitabank grew by 71% during 2007
03.12.07Rabitabank signs new credit line agreement with Islamic Corporation for Development (ICD).
30.11.07Rabitabank receives a $1 million loan from Islamic Corporation for Development.
28.11.07Rabitabank completes flotation of $5 million bonds in Latvia
16.10.07Rabitabank raises assets 55% year-on-year
10.07.07Rabitabank to open a branch in Gusar
30.04.07Rabitabank’s 1Q net profit jumps 57.5%
27.04.07Rabitabank starts IFC technical assistance project
15.03.07IFC and Rabitabank have signed an agreement to open a $2 million credit line
News archive

15.03.07

Rabitabank starts IFC technical assistance project

Rabitabank have started to implement the technical assistance project provided by the International Finance Corporation. The project is targeted at risk management, strategic planning and information management systems.
An expert has been invited from Holland.
In March Rabitabank and IFC signed accredit line agreement on-lending to small, medium-size enterprises and IFC will convert the principal to invest for a 10% or 20% equity stake in the bank.
The bank has also received technical assistance from the EBRD.
Rabitabank has also good cooperation with the Islamic Development Bank. It has to date received more than $8 million credit lines in total.

Rabitabankın Bakı şəhərində 6, regionlarında 13 filialı, 21 bankomatı var.

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