Unibank (Azerbaijan)

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]

Unibank

Formerly	MBank, PROMTEKHBANK
Company type	A Joint-Stock Commercial Bank
Industry	Banking
Founded	22 August 1992
Headquarters	55, Rashid Behbudov Street, Baku, AZ 1014 , Azerbaijan
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

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

• Banks portal

• Banking in Azerbaijan
• Central Bank of Azerbaijan
• Economy of Azerbaijan