VOL. XXXIX

No. 18

29-January-1996

REGIONAL BANKING

UBAF Ltd To Change Name

London-based UBAF Bank Limited has announced that it will change its name with effect from 4 March 1996 to British Arab Commercial Bank (BACB). In a statement, the bank's Chief Executive, Mr. Peter Taplin, says that "the purpose of the change is to reinforce the bank's identity as a British-based institution licensed and supervised by the Bank of England, with a major British shareholder but majority Arab...