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Formerly | MBank, PROMTEKHBANK |
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Company type | A Joint-Stock Commercial Bank |
Industry | Banking |
Founded | 22 August 1992 |
Headquarters | 55, Rashid Behbudov Street, Baku, AZ 1014 , |
Area served | Azerbaijan |
Key people | Eldar Garibov – main shareholder,[citation needed] European Bank for Reconstruction and Development (EBRD) – shareholder |
Products | Financial services |
Number of employees | 1,238 |
Unibank is one of the largest private banks established in Azerbaijan in July 1992 under the name of MBank.[1] In 2021, Unibank co-founded the first Azerbaijani neobank called Leobank.[2]
The bank was established on 15 October 2002 as a result of the merger of two advanced private commercial banks of Azerbaijan, MBank with PROMTEXBANK, one of the leading banks of Azerbaijan.[3] The merged bank was named Unibank.
Until 2009, Unibank was the main sponsor of the Azerbaijan Premier League, the highest level of the Azerbaijani football league system.[4][5][6]