T&T’s newest bank, ANSA Bank, will today unveil its new brand at the former Bank of Baroda’s branches in Port-of-Spain, Chaguanas and San Fernando.
Commenting on the opening of ANSA Bank, Chairman David Dulal-Whiteway in a statement said, “Our goal is to create a highly-responsive retail bank where our customers find innovative financial solutions suited to their lives in an easy and seamless manner.
“They will enjoy digital ease-of-doing-business and products that are in line with international levels. We have seen how the importance of these fundamentals have been magnified due to the pandemic.”
Robert Le Hunte, Managing Director who is rejoining the banking fraternity with the aim of “disrupting it” said ANSA Bank, with its resources, has the flexibility and agility to delve into areas where competitors may not.
“International institutions are leaving the region and others are contemplating doing so or have reduced their footprint. We, on the other hand, are putting down even deeper roots and widening our reach.
“It signifies the Group’s long-term confidence in the economy of Trinidad and Tobago and our desire to be of service to citizens in every area of their lives. We are excited at the possibilities that creating lasting partnerships with our customers, supported by state-of-the-art technology, will open up. We look forward eagerly to the year ahead and beyond,” Le Hunte said.
ANSA Bank said staff represent the mix of capabilities required to achieve the bank’s vision adding that they are deeply committed to the Bank’s purpose and are passionate about delivering exceptional service to customers and the communities in which the Bank currently operates.
The bank said Head of Retail and Commercial Banking, Kathleen Galy and Susan Torry, Senior Manager Operations and Administration, are also spearheading the ANSA Bank charge.
Both have extensive careers within the banking sector and join the executive team to drive the growth of ANSA Bank into a cutting-edge financial services provider.
ANSA Bank is a subsidiary of the ANSA Merchant Bank Group, which also includes the general and life insurance companies, Tatil and Tatil Life.
The Group is the only entity locally that provides a full cadre of financial services all under one umbrella.
That is, commercial banking, merchant banking and insurance.
Over the next 15 months, ANSA Bank said it will be investing heavily in technology and artificial intelligent systems as it moves to become Trinidad and Tobago’s first fully-integrated, digital bank.
“The Bank has set its bar high. Its goal is to offer customised financing to large corporations whilst meeting the needs of medium, small, and micro enterprises. Individual home-owners and entrepreneurial Trinbagonians will also be catered for in an energetic, progressive environment,” the bank added.
Last month ANSA Merchant Bank completed its acquisition of India’s Bank of Baroda’s T&T operations.
The transaction was initiated via a sales agreement signed in December 2019 and was approved by the Central Bank last November.