ANSA Merchant Bank explained

ANSA Merchant Bank
Trade Name:AMBL
Former Name:ANSA Finance & Merchant Bank
Hq Location Country:Trinidad and Tobago
Key People:A. Norman Sabga (chairman)
Founded:1998

ANSA Merchant Bank Limited was founded in 1998 as ANSA Finance & Merchant Bank. It is a merchant bank located in Trinidad and Tobago. The bank provides services such as auto financing, asset finance, investment services and merchant banking.[1] ANSA Merchant Bank is also a subsidiary of ANSA McAL group.[2] [3] On December 11, 2020, ANSA Merchant Bank Limited purchased the Trinidad and Tobago locations of the Indian Bank of Baroda.[4] In April 2021 the Bank of Baroda branches were rebranded as Ansa Bank branches, Ansa Bank being the bank branch subsidiary of Ansa Merchant Bank.[5] Other subsidiaries are Tatil (general insurances) and Tatil Life (life insurances).

Notes and References

  1. Web site: ANSA Merchant profit flat at $314m. The Trinidad Guardian Newspaper. 2018-06-22. https://web.archive.org/web/20180622032848/http://www.guardian.co.tt/business/2018-03-21/ansa-merchant-profit-flat-314m. 2018-06-22. dead.
  2. Web site: ANSA Merchant Bank Limited: Private Company Information - Bloomberg. www.bloomberg.com. 2018-06-22.
  3. Web site: ANSA Merchant defies the odds. The Trinidad Guardian Newspaper. 2018-06-22. https://web.archive.org/web/20180622033205/http://www.guardian.co.tt/business/2017-05-26/ansa-merchant-defies-odds. 2018-06-22. dead.
  4. Web site: ANSA Merchant acquires Bank of Baroda . Guardian.co.tt . 2022-05-29.
  5. Web site: Bank of Baroda officially becomes Ansa Bank . Newsday.co.tt . 2022-05-29.