BAKU, Azerbaijan, April 20. Rabitabank OJSC
ranked eighth among the most complained-about banks in Azerbaijan
in March 2026, Trend reports via the country's Central Bank
(CBA).
Thus, with an index of 1.24, the OJSC was positioned in the
average complaint index.
"The index was calculated based on the principle of
proportionality of complaints received by the CBA regarding the
customer services of a given bank, taking into account the volume
and scope of financial services provided by that bank," the CBA's
statement noted.
Rabitabank began its operations in 1993. The Chairman of the
Board of Directors of the bank is Aydin Huseynov, and the Chairman
of the Supervisory Board is Zakir Nuriyev. The authorized capital
of the bank is 101.3 million manat ($59.6 million). As many as
38.6% of the bank's shares belong to Rauf Aliyev, 34.64% to Valida
Abbasova, 13.51% to Zakir Nuriyev, 9.11% to Dilara Nuriyeva, and
4.14% to other legal entities and individuals, including Aztelekom
and AzInTelecom LLCs owned by the Ministry of Digital Development
and Transport, the State Radio Frequencies Administration and the
Radio Television Broadcasting and Satellite Communications
Production Association, Baku Telegraph OJSC, and Bakcell LLC.
