ANSA Merchant Bank

ANSA Merchant Bank
AMBL
FormerlyANSA Finance & Merchant Bank
TTSEAMBL
Founded1997
Headquarters
Key people
A. Norman Sabga (chairman)

ANSA Merchant Bank Limited, established in 1997 as ANSA Finance & Merchant Bank, is a merchant bank located in Trinidad and Tobago. It is a subsidiary of the ANSA McAL group [1][2] and provides services including auto financing, asset finance, investment services, and merchant banking.[3] Other subsidiaries include Tatil (general insurance) and Tatil Life (life insurance).

History

In 1997, ANSA Finance & Merchant Bank was listed on the stock exchange.[4]

In December 2020, ANSA Merchant Bank Limited purchased the Trinidad and Tobago locations of the Indian Bank of Baroda.[5]

In February 2021, AMBL completed the acquisition of an international bank. Following this, it launched ANSA Bank Ltd, where Hill also held a director position.[6]

In April 2021, these acquired branches were rebranded as ANSA Bank branches, the bank branch subsidiary of ANSA Merchant Bank.[7]

References

  1. ^ "Ansa SA". bloomberg.com.
  2. ^ "ANSA Merchant defies the odds". The Trinidad Guardian Newspaper. Archived from the original on 2018-06-22. Retrieved 2018-06-22.
  3. ^ "ANSA Merchant profit flat at $314m". The Trinidad Guardian Newspaper. Archived from the original on 2018-06-22. Retrieved 2018-06-22.
  4. ^ "TRINIDAD AND TOBAGO SECURITIES AND EXCHANGE COMMISSION - Development of the Securities Market in Trinidad and Tobago, 1997 to 2003, with Prospects for the Future" (PDF). ttsec.org.tt.
  5. ^ "ANSA Merchant acquires Bank of Baroda". Guardian.co.tt. Retrieved 2022-05-29.
  6. ^ "Hill to stay in banking amid Finance Minister speculation". trinidadexpress.com. May 3, 2025.
  7. ^ "Bank of Baroda officially becomes Ansa Bank". Newsday.co.tt. Retrieved 2022-05-29.