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