The project is targeted at risk management, strategic planning and information management systems.

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. APA-Economics