VOL.XXX
NO.1
13-OCTOBER-1986
Financial and Banking News
REGIONAL BANKING
UBME Releases 1985 Results, Declares Itself Healthy
The Dubai-based Union Bank of the Middle East (UBME) has released a balancesheet for the end of 1985 and declared itself to be in "healthy"financial condition. The results, which exclude a profit and loss account, werepassed without qualification by the Dubai office of Peat Marwick Mitchell on 31August and show total assets (less contra accounts) of Dh5,684.3mn ($1,548mn),...
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