ANSA Merchant Bank, a member of the ANSA McAL Group of Companies and one of the Caribbean’s leading financial institutions, has its roots in well-known local and intentional finance houses.
ANSA Finance, formerly Amalgamated Finance, operated a portfolio that included installment loans via hire purchase, mortgage bills of sale and lease facilities.
Fleming ANSA Merchant Bank was a joint venture between ANSA McAL Limited and Robert Fleming & Co. Limited of Great Britain. This company’s main areas of business were Investment Banking and Investment Management Services. In March 1998, ANSA McAL purchased the shareholding of Robert Fleming and Company, paving the way for the creation of ANSA Finance & Merchant Bank, through the merger of ANSA Finance and ANSA Merchant Bank.
In June 2004, ANSA Finance and Merchant Bank, once again became known as ANSA Merchant Bank, when ANSA Finance & Merchant Bank acquired Tatil and Tatil Life Insurance, also of the ANSA McAL Group of Companies.
The strength of this new entity has thrust ANSA Merchant Bank into a new competitive arena, providing the impetus for a broader range of financial services to be expertly presented to the local and regional markets.
ANSA Merchant Bank is a publicly traded company on the Trinidad and Tobago Stock Exchange and in 2004, shareholders experienced approximately 45% growth in share value.
Anthony N. Sabga, CMT, Hon LL.D (UWI) - Chairman
Anthony N. Sabga, CMT is the former Chairman of ANSA McAL Limited. He is the founder of the ANSA Group and is Chairman of several companies in both Groups. In 1998 Mr. Sabga was awarded the Trinidad and Tobago Chaconia Medal (Gold) for Entrepreneur-of-the-Year awards ceremony and later that month he was the recipient of a Doctor of Laws degree, Honoris Causa, from the University of the West Indies.
In 2002 Mr. Sabga was recognized as an Icon of the Nation for being one of the country’s Thinkers, Movers and Shapers.
