VOL. XXXV
NO. 41
13-JULY-1992
Financial and Banking News
Regional Banking
Commerzbank Wants to Sell its Stake in UBAE Arab German Bank
MEES understands that Commerzbank wants to sell its 25.1% stake inLuxembourg-based UBAE Arab German Bank. Mr. Gunter Grommek, UBAE's ManagingDirector, declined to comment. UBAE has a branch in Frankfurt, making it anattractive proposition for a bank looking to strengthen its European base. Thetwo other shareholders in UBAE are Arab Bank and the UBIC holding company,...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!