econ
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Unibank

Unibank

BankingNo. 2 in HaitiHaiti
Founded
1993
Headquarters
Pétion-Ville, Haiti
Ticker
n/a
Sector
Banking

Stock performance

This company has no listed ticker in our data, so there is no price chart.

History

Unibank was founded in 1993 by a group of Haitian business people and grew rapidly to become one of the country's largest banks, building a financial group that also includes remittance, insurance, and microfinance businesses.

Business model

Unibank provides retail and commercial banking, cards, and lending, and through affiliated companies it is a major channel for remittances from Haitians abroad, which are one of the most important sources of income for the country.

Market position

Unibank is one of Haiti's largest banks by assets and deposits, competing with Sogebank and BNC.

Country impact

Unibank's role in processing remittances and providing credit makes it an important part of Haiti's fragile formal economy, which has been repeatedly disrupted by natural disasters and insecurity.