Unibail-Rodamco-Westfield SE: Update following full year results
Our credit view of this issuer reflects the improving operating performance, its high quality large asset base and continued deleveraging efforts.United Bank is engaged in commercial banking and related services. Co. operates five business segments: Corporate Finance, Trading and Sales, Retail Banking, Commercial Banking and Asset Management. As of Dec 31 2016, Co. operates 1,341 branches inside Pakistan including 47 Islamic Banking branches and 2 branches in Export Processing Zones, and 18 branches outside Pakistan.
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