GENERAL SHAREH0LDERS’ MEETING 30 MAY 2013
The General Meeting, having reviewed the Management report of the Board of Directors concerning the fiscal year ended on 31 December 2012 and the report of the Statutory Auditors, approved the consolidated accounts of this fiscal year as they were presented, showing a profit of 17,602,810.86 euros with a Group share of 16,802,317.80 euros.
U.B.A.F. S.A. is a French registered bank established in 1970. Its shareholders originate from 19 Arab countries along with Crédit Agricole Corporate & Investment Bank. U.B.A.F. activity focuses on financing the trade between Asia, Europe and the Middle East.
With its international network in Asia, in the Arab World and in Europe, U.B.A.F. has become a key player in the area of Trade Finance with Arab countries.
U.B.A.F. is able to meet with the needs of both importers and exporters and to secure the flows of payments and goods from industrial or trade commodity companies.