Unibank, S.A. is one of
Haiti
Haiti (; ht, Ayiti ; French: ), officially the Republic of Haiti (); ) and formerly known as Hayti, is a country located on the island of Hispaniola in the Greater Antilles archipelago of the Caribbean Sea, east of Cuba and Jamaica, and ...
's two largest private
commercial banks
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit.
It can also refer to a bank, or a division of a large bank, which deals with corp ...
. The bank was founded in 1993 by a group of Haitian investors and is the main company of ''Groupe Financier National (GFN)''. It opened its first office in July 1993 in downtown
Port-au-Prince
Port-au-Prince ( , ; ht, Pòtoprens ) is the capital and most populous city of Haiti. The city's population was estimated at 987,311 in 2015 with the metropolitan area estimated at a population of 2,618,894. The metropolitan area is define ...
and has 51 branches throughout the country as of the end of 2017.
On December 28, 2016, Unibank acquired
Scotiabank
The Bank of Nova Scotia (french: link=no, Banque de Nouvelle-Écosse), operating as Scotiabank (french: link=no, Banque Scotia), is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada ...
's Haiti operations. Today, Unibank is the parent company of a group of subsidiaries each concentrating in a specific financial area:
* Unicarte (
Credit cards
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the o ...
)
* Unifinance (
Investment banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ...
)
* Unicrédit (
Consumer finance
Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events.
When planning personal fi ...
)
* IMSA (
Real estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
)
* SNI (
Investment management
Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institut ...
)
* Capital Consult (
Consulting firm
A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants. Consulting firms may have one employee or thousands; they may consult in a broad range ...
)
* Unitransfer (
Money transfer)
* Micro Crédit National (
Microcredit
:''This article is specific to small loans, often provided in a pooled manner. For direct payments to individuals for specific projects, see Micropatronage. For financial services to the poor, see Microfinance. For small payments, see Micropayme ...
)
* UniAssuranes (
Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
)
In October 2023, Carl Braun, Chairman Emeritus and Founding Director of Unibank, resigned from his position as a result of sanctions imposed on him by Canada. Indeed, Carl Braun is on a list of Haitian businessmen who, according to Canadian authorities, "fuel violence and instability in Haiti by engaging in corruption and other criminal acts, and by enabling armed gangs to carry out illegal activities that terrorize the population and threaten peace and security in Haiti."
References
1993 establishments in Haiti
Banks of Haiti
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