Rabitabank OJSC has secured $7 million in financing from Enabling Qapital, an international investment company, to bolster access to finance for micro, small, and medium-sized enterprises (SMEs) in Azerbaijan. This funding is designed to support the working capital and investment needs of entrepreneurs, stimulate sustainable growth, and enhance economic activity within the real sector. The funds will be on-lent in Azerbaijani manat, incorporating a hedging mechanism to protect against foreign exchange risks. Chairman Aydın Hüseynov highlighted the agreement's significance in promoting job creation and fostering inclusive economic growth, particularly on the occasion of Azerbaijan's Entrepreneurs' Day. This partnership marks a strategic milestone for Rabitabank, reinforcing its reputation as a reliable counterparty for international investors and enhancing its commitment to sustainable finance. Founded in 1993, Rabitabank provides a wide range of financial services through its extensive branch network and digital banking solutions.