{"id":66358,"date":"2026-06-01T13:47:03","date_gmt":"2026-06-01T13:47:03","guid":{"rendered":"https:\/\/www.dailybigdigit.com\/?p=66358"},"modified":"2026-06-01T13:47:03","modified_gmt":"2026-06-01T13:47:03","slug":"rabitabank-ojsc-secures-usd-7-million-funding-from-enabling-qapital","status":"publish","type":"post","link":"https:\/\/www.dailybigdigit.com\/?p=66358","title":{"rendered":"\u201cRABITABANK\u201d OJSC SECURES USD 7 MILLION FUNDING FROM ENABLING QAPITAL"},"content":{"rendered":"

The financing agreement will support SME development, expand access to <\/span><\/span>financing, and strengthen sustainable business growth initiatives in Azerbaijan<\/span><\/span><\/strong><\/p>\n

\u00a0<\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u200b\u201cRabitabank\u201d OJSC has secured USD 7 million in financing through <\/span><\/span>cooperation with international investment company \u201cEnabling Qapital\u201d, aimed <\/span><\/span>at expanding access to finance for micro, small and medium-sized enterprises <\/span><\/span>(SMEs).<\/span><\/span><\/p>\n

\u200bThe facility is intended to support the financing needs of entrepreneurs <\/span><\/span>operating in the micro and SME segment, promote their sustainable growth, and <\/span><\/span>contribute to the development of the real sector and broader economic activity.<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u200bUnder the new financing facility, the funds are expected to enhance access to <\/span><\/span>credit for micro and small businesses, support their working capital and investment <\/span><\/span>needs, and promote new business initiatives and employment generation. The <\/span><\/span>funding will also create additional opportunities for business expansion, increased <\/span><\/span>production and service capacity, and the implementation of new investment <\/span><\/span>projects. In addition, to strengthen protection for both the Bank and entrepreneurs <\/span><\/span>against foreign exchange risks, the funds will be on-lent to entrepreneurs in local <\/span><\/span>currency (Azerbaijani manat) through the hedging mechanism provided by the <\/span><\/span>Central Bank of Azerbaijan.<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u200bCommenting on the agreement, Chairman of the Management Board of <\/span><\/span>Rabitabank, Mr. Ayd\u0131n H\u00fcseynov, noted that pursuant to the Decree of the <\/span><\/span>President of the Republic of Azerbaijan dated April 21, 2016, April 25 is <\/span><\/span>celebrated annually as Entrepreneurs\u2019 Day in Azerbaijan. He emphasized that the <\/span><\/span>agreement is particularly important in expanding access to finance for micro, small <\/span><\/span>and medium-sized enterprises, while also supporting job creation. He further <\/span><\/span>highlighted that supporting micro and small businesses plays a vital role in <\/span><\/span>fostering inclusive economic growth, stimulating business activity across the <\/span><\/span>regions and creating new employment opportunities. In this context, the newly <\/span><\/span>secured funding facility is viewed not only as an important milestone for the Bank, <\/span><\/span>but also as a strategically significant financing agreement contributing to the <\/span><\/span>development of Azerbaijan\u2019s real sector as a whole.<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u200bThe financing facility from Enabling Qapital, a FINMA-regulated, leading <\/span><\/span>Swiss impact asset manager, further reinforces Rabitabank\u2019s standing as a trusted <\/span><\/span>counterparty for international investors, while underscoring the Bank\u2019s <\/span><\/span>commitment to sustainable and responsible finance.<\/span><\/span><\/p>\n

\u200bFor Rabitabank, the agreement represents another significant step in <\/span><\/span>broadening cooperation with international financial institutions, mobilizing <\/span><\/span>external resources for the real economy, and further supporting entrepreneurship <\/span><\/span>financing.<\/span><\/span><\/p>\n

\u200bFounded in 1993, Rabitabank OJSC provides modern and accessible <\/span><\/span>financial services to its customers under its \u201cComfortable Banking\u201d concept. <\/span><\/span>The Bank\u2019s charter capital stands at AZN 101.3 million. Through its extensive <\/span><\/span>branch network, digital banking solutions and professional team, Rabitabank <\/span><\/span>continues to deliver value-driven financial services to its customers. The Bank\u2019s <\/span><\/span>principal shareholders are Zakir Nuriyev, President of the Azerbaijan Banks <\/span><\/span>Association, and businessman and entrepreneur Rauf Zeynal Aliyev.<\/span><\/span> He is the son <\/span><\/span>of well-known businessman Zeynal Hajimammad Aliyev.<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u200bCurrently, \u201cRabitabank\u201d OJSC provides a broad range of banking <\/span><\/span>services to its customers in line with the highest modern standards through a <\/span><\/span>network of 31 service points across 19 regions and Baku, 78 ATMs, the Rabita <\/span><\/span>Mobile, Rabita Junior and Rabita Business applications, its Internet Banking <\/span><\/span>platform, and the 133 Call Center.<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u200bAbout Enabling Qapital<\/span><\/span><\/p>\n

Enabling Qapital Ltd. (EQ) is a FINMA-regulated, leading Swiss impact asset <\/span><\/span>manager dedicated to a world where investments generate financial, social, <\/span><\/span>environmental, and economic returns.<\/span><\/span><\/p>\n

With over USD 900 million under management, Enabling Qapital invests through <\/span><\/span>private debt and listed bonds, pursuing strategies focused on microfinance, access <\/span><\/span>to energy \/clean cooking as well as emerging market bonds.<\/span><\/span><\/p>\n

The team consists of over 65 members, speaking more than 21 languages and <\/span><\/span>representing 14 nationalities.<\/span><\/span><\/p>\n

Enabling Qapital is moving money to meaning. <\/span><\/span>w<\/span><\/span>w<\/span><\/span>w<\/span><\/span>.<\/span><\/span>e<\/span><\/span>n<\/span><\/span>a<\/span><\/span>b<\/span><\/span>l<\/span><\/span>i<\/span><\/span>n<\/span><\/span>g<\/span><\/span>.<\/span><\/span>c<\/span><\/span>h<\/span><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The financing agreement will support SME development, expand access to financing, and strengthen sustainable business growth initiatives in Azerbaijan \u00a0 \u00a0 \u200b\u201cRabitabank\u201d OJSC has secured USD 7 million in financing through cooperation with international investment company \u201cEnabling Qapital\u201d, aimed at expanding access to finance for micro, small and medium-sized enterprises (SMEs). \u200bThe facility is intended […]<\/p>\n","protected":false},"author":8,"featured_media":66359,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73,36,33],"tags":[],"class_list":["post-66358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","category-eurosia","category-national-news"],"_links":{"self":[{"href":"https:\/\/www.dailybigdigit.com\/index.php?rest_route=\/wp\/v2\/posts\/66358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dailybigdigit.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dailybigdigit.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dailybigdigit.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dailybigdigit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66358"}],"version-history":[{"count":0,"href":"https:\/\/www.dailybigdigit.com\/index.php?rest_route=\/wp\/v2\/posts\/66358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dailybigdigit.com\/index.php?rest_route=\/wp\/v2\/media\/66359"}],"wp:attachment":[{"href":"https:\/\/www.dailybigdigit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dailybigdigit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dailybigdigit.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}