Unibank (Azerbaijan)

Unibank
FormerlyMBank, PROMTEKHBANK
Company typeA Joint-Stock Commercial Bank
IndustryBanking
Founded22 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
ProductsFinancial 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.

Marketing

Until 2009, Unibank was the main sponsor of the Azerbaijan Premier League, the highest level of the Azerbaijani football league system.[4][5][6]

See also

References

[1]