ANSA Merchant Bank

Last updated
ANSA Merchant Bank
AMBL
FormerlyANSA Finance & Merchant Bank
TTSE:  AMBL
Founded1998
Headquarters
Key people
A. Norman Sabga (chairman)

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).

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References

  1. "ANSA Merchant profit flat at $314m". The Trinidad Guardian Newspaper. Archived from the original on 2018-06-22. Retrieved 2018-06-22.
  2. "ANSA Merchant Bank Limited: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2018-06-22.
  3. "ANSA Merchant defies the odds". The Trinidad Guardian Newspaper. Archived from the original on 2018-06-22. Retrieved 2018-06-22.
  4. "ANSA Merchant acquires Bank of Baroda". Guardian.co.tt. Retrieved 2022-05-29.
  5. "Bank of Baroda officially becomes Ansa Bank". Newsday.co.tt. Retrieved 2022-05-29.