About Bank

Rabitabank invests in the professional development of employees, creating a competitive working environment.

“Rabitəbank” Open Joint Company

  • Full name

    "Rabitəbank" Open Joint Company

  • Short name

    Rabitabank OJSC

  • OJSC

General Information

Head Office: Azerbaijan, Baku city., AZ 1010, 28 May str. 33

Tel.: (994 12) 598 44 88

Fax: (994 12) 497 11 01

Telex: 142453 RSKBAI

[email protected]

www.rabitabank.com

The mission of the Rabitabank

To provide fast and efficient banking services to the population and businesses in the appropriate space and conditions.

General license for banking operations

Banking license - issued by the National Bank of the Republic of Azerbaijan on June 30, 1993.

License No. 62 for brokerage activities was issued by the State Committee for Securities under the President of the Republic of Azerbaijan on February 5, 2004 for a period of 5 years.

The Bank has a Registration Certificate No. 136 issued by the Ministry of Justice of the Republic of Azerbaijan on June 30, 1993.

Organizations of which Rabitabank is a member

Baku Interbank Currency Exchange

Azerbaijan Banks Association

SWIFT - principal member since 1997.

Europay International (Master Card) - principal member since 1998

Western Union has been a major member since 2002.

International payment system VISA is a principal participant since 2007.

The contact money transfer system is a principal participant since 2008.

Azerbaijan National Fund for Entrepreneurship Support.

Deposit Insurance Fund.

ADFIMI - Regional Association for the Development of Financial Institutions in the Member States of the Islamic Development Bank.

Strategy of the Rabitabank

Choosing tools to gain competitive advantage in the short and long term

Define target market segments and their corresponding product lines

Development of internal capabilities and business processes of the bank

Ensuring the attractiveness of the bank for potential investors and creditors

Strategic vision of the bank

As one of the largest banks in the country, it is a solid universal bank with a professional team that provides traditional and modern financial services to all types of clients.

International partners of Rabitabank

Strategic targets of the bank

 - Maintain a return on equity (ROE) above 5% for the next two years (2019) and above 10% in 2020-2021;

 - Remain in the top 10 banks of the country (in terms of assets, capital, loan portfolio);

 - Have assets worth 900 million manats and 130 million manats of capital for the next 3 years;

 - To be one of the leading banks in the field of digital banking, providing the best services in this field;

 - Continue to work in the banking market and maintain its current image as a brand with a large capital, stable and reliable bank;

 - We strengthen our position on the high quality of customer service and satisfaction of their requirements.

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