ANSA Merchant Bank (AMBL) traces its roots back to the formation of Amalgamated Finance Limited on March 3rd, 1977.
Amalgamated Finance was an entrepreneurial venture of the ANSA McAL Group, designed to offer creative financial solutions to local individuals and businesses.
It was also proud to be one of the first wholly indigenous banks in Trinidad and Tobago.
In 1994, Amalgamated Finance joined forces with Robert Fleming and Co. of Great Britain to become Fleming ANSA Merchant Bank.
Soon after, in 1997, the ANSA McAL Group purchased Republic Bank’s shareholding of Amalgamated Finance and changed the name to ANSA Finance.
ANSA McAL went on to acquire Fleming’s 50% interest in 1998. This allowed them to merge the operations of the Merchant Bank and ANSA Finance into ANSA Finance & Merchant Bank Ltd. The 7.5 million shares issued to the public were hugely oversubscribed.
ANSA Finance and Merchant Bank was finally rebranded to ANSA Merchant Bank Limited (AMBL) in 2004 when TATIL and TATIL Life were acquired from parent company ANSA McAL.
AMBL expanded its regional footprint in 2016 by acquiring The Consolidated Finance Company (CFC) of Barbados from ANSA McAL.
CFC, which has always specialised in vehicle financing, is now rebranded as ANSA Merchant Bank Limited (Barbados). AMBL Barbados has expanded its offerings to include the same Merchant Banking services as AMBL in Trinidad and Tobago.
Through TATIL, AMBL also brought Bryden’s Insurance of Barbados under its umbrella.
In 2021 AMBL made the move into retail banking by acquiring the operations of Bank of Baroda (Trinidad and Tobago) Limited from Bank of Baroda (India).
This new addition is now known as ANSA Bank, and its mission is to lead Trinidad and Tobago into the digital banking space.
We still have the same entrepreneurial spirit at AMBL that motivated our founders all those years ago.
Our clients benefit from a comprehensive range of Banking and Financial Services that touch every aspect of their lives and businesses.
These now include: Commercial and Retail Banking; Corporate and Investment Banking; Asset-backed Financing; Treasury and Trading Services; Investment Services; Wealth Management; and Lifestyle Financing.