VOL. XXXV
NO. 24
16-MARCH-1992
Financial and Banking News
Regional Banking
Libyan Takeover of ALUBAF-Bahrain and Algerian Move into UBAF-New YorkConfirms Disintegration of UBAF Group
The takeover by Libyan Arab Foreign Bank (LAFB) of Bahrain-based ALUBAF ArabInternational Bank, and imminent changes in the ownership of UBAF Arab AmericanBank confirm the steady disintegration of the UBAF banking group as it wasconceived in the 1970s. While disappointing those who saw the group as anexpression of...
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