In 2013, a very strong consolidated performance was delivered across all business lines in ANSA Merchant Bank and its insurance subsidiaries with substancial improvements in profitability and robust balance sheet growth evident over the prior year
Dr Sabga said in his written report inside the bank's 2013 annual report. ANSA Merchant Bank posted a net profit of $266 million in 2013, an 80 percent increase over the 2012's $148 million. Total assets increased in 2013 by ten percent to $6.1 billion.
Published: Thursday 29th May 2014
Source: Trinidad Guardian Newspapers
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