Financial and Banking News

REGIONAL BANKING

UBAF Bank Increases Profits 16.5% 

UBAF Bank Ltd. the London-based bank in the UBAF group, has announced a 16.5% increase in trading profits to £16.35mn ($19mn) in 1984. Total assets were £1,205mn ($1.4bn), with the medium term loan portfolio standing at £400mn ($464mn).