New Head Appointed to the Micro Loan Underwriting Division

By the decision of the Bank’s Management Board, Agashirin Asgarli has been appointed as the Head of the Micro Loan Underwriting Division within the Credit Underwriting Department.

Agashirin Asgarli has more than 10 years of professional experience in the banking sector. He began his career at Rabitabank in 2014, where he held various positions in lending, customer service, and non-performing loan management, gaining extensive practical experience. Between 2017 and 2021, he continued his career at several banks, specializing in microfinance, agricultural lending, and the financing of small and medium-sized enterprises.

In 2021, he rejoined Rabitabank as a Manager in the Micro Lending Department and, since 2023, has served as the Deputy Head of the Division. During this period, he played a key role in projects aimed at developing the microloan portfolio, improving underwriting processes, strengthening credit risk assessment, and optimizing credit decision-making mechanisms.

In his new role, Agashirin Asgarli will lead the development of the Bank’s microloan underwriting strategy, enhance risk management practices, improve the quality of credit decisions, and further optimize underwriting processes.

For your information, Rabitabank OJSC has been operating since 1993, providing modern and accessible financial services under its "Convenient Banking" concept. The Bank’s authorized capital amounts to AZN 101.3 million. With its extensive branch network, digital banking solutions, and professional team, Rabitabank continues to deliver value-added services to its customers. The Bank’s principal shareholders are Zakir Alibala Nuriyev, President of the Azerbaijan Banks Association, and businessman Rauf Zeynal Aliyev.

Currently, Rabitabank OJSC provides a comprehensive range of banking services through 31 service outlets across Baku and 19 regions, 78 ATMs, the Rabita Mobile, Rabita Junior, and Rabita Business applications, its Internet Banking platform, and the 133 Contact Center.