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Unibank S.A. (Panama)

Main Activities: Commercial Banking
Full name: Unibank S.A. Profile Updated: July 04, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

UniBank S.A. is a corporation incorporated in accordance with the laws of the Republic of Panama that has entered into the banking business in Panama. The bank began operations in December 2010 with a capital of $50 million, a board of directors composed of Panamanian entrepreneurs from various industries, and an experienced management team. By the end of 2013, UniBank obtained authorization from the Superintendence of the Securities Market of Panama (SMV) for the issuance of VCNs. With this first issuance of VCNs, the bank strengthened its position in the banking sector and experienced positive growth within the Panamanian market. In September 2014, with the prior authorization of the Superintendence of Banks of Panama, UniBank acquired a 50% stake in the share capital of Invertis Securities, S.A., becoming the new Securities House associated with the UniBank Group. On December 1, 2015, UniBank inaugurated its office located in Costa del Este. The entity has active participation from the members of the Board of Directors in various committees, which measure performance in administrative, business, best practices, and corporate social responsibility aspects. In 2020, UniBank celebrates 10 years of constant growth and evolution. It has achieved significant milestones that have positioned it as a recognized bank for its excellent service and personalized attention, offering financial solutions according to the needs of each client. The bank adheres to the highest standards of Corporate Governance, supported by the Board of Directors, an appropriate code of conduct, robust procedures to combat corruption, an effective anti-money laundering program, and continuous training at all levels of the organization.

Headquarters
Avenida Balboa, P.H. Grand Bay Tower, Planta Baja
Panama; Panama;

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Website: http://www.unibank.com.pa

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 19, 2010
Key Executives
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President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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100%
Subsidiaries
Uni Leasing, Inc
100%
Invertis Securities
50%
Company Performance
Financial values in the chart are available after Unibank S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net interest income
8.04%
Net fee and commission income
17.41%
Operating profit (EBIT)
30.12%
Net Profit (Loss) for the Period
98.28%
Total assets
12.08%
Deposits from customers
11.76%
Total equity
4.04%
Total Assets Trend
0.17%
Net Interest Income Trend
N/A
Cost to Income Ratio
-2.04%
Loans to Deposits Ratio
-1.85%
Loans to Asset Ratio
-1.27%

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