Ownership Structure

Banca UBAE’s shareholders include major banks

67,55% Libyan Foreign Bank
Libya’s offshore banking institution, it is chiefly concerned with the country’s oil exports.

10,79% UniCredit
One of Europe’s leading commercial banks, its international network covers 50 countries

4,66% Banque Centrale Populaire 
Morocco’s largest state-controlled bank

4,34% Banque Marocaine du Commerce Extérieur 
Established in 1959, it provides both retail and corporate banking services

1,80%  Intesa Sanpaolo 
Italy’s second-biggest banking group, created in 2007 by the merger of Banca Intesa and San Paolo IMI

and three of Italy’s most prominent corporate groups:

5,39% ENI 
A multinational with interests spanning oil and gas, petrochemicals, power generation and engineering

3,67% Sansedoni Siena (Montepaschi di Siena)
Incorporated in 1999 as part of the Monte dei Paschi di Siena Group, Sansedoni is a major Italian property and asset management company

1,80%  Telecom Italia 
Italy’s number one telecoms operator, established in 1994

Libyan Foreign Bank, Banca UBAE’s controlling shareholder, is based in Tripoli (Libya).
The head offices of both Banque Centrale Populaire and Banque Marocaine du Commerce Extérieur are in Casablanca (Morocco).

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