Case Study
BOARD Provides Aid to Manage Bank Provisioning
Company Founded in 1970, UBAF was set up to finance and develop trade between France and Arab countries. The founders of the institution, who continue to be the main shareholders even today, are Crédit Lyonnais and numerous banks from the Arab countries. Over the course of the years, the bank has opened branches in Japan, Korea and Singapore, representative offices in Dubai and Cairo and set up a subsidiary in Hong Kong, allowing i