Word: shadis
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Dates: during 1973-1973
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...Union des Banques Arabes et Françaises (or UBAF), formed in Paris in 1970 with more than $700 million in assets. UBAF is 40% owned by Crédit Lyonnais but controlled by 23 Arab banks. The president is U.S.-educated Mohamed Mahmoud Abu Shadi, former chairman of the National Bank of Egypt. UBAF has subsidiaries in London, Rome, Frankfurt, Luxembourg and Tokyo. Partners of these subsidiaries include several big European banks and The Bank of Tokyo...
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