Stabroek News

Barbados-based Consolidat­ed Finance now ANSA Merchant Bank

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(Trinidad Guardian) Barbados based Consolidat­ed Finance is now ANSA Merchant Bank (Barbados) Limited.

“This transition unites the legacies of two strong, well-respected, regional financial institutio­ns which have been operating in the Caribbean for well over four decades,’ a release stated yesterday.

Speaking at the official rebranding, chairman Gregory N Hill stated: ”Consol has a strong reputation in Barbados and has been a subsidiary of the Trinidadba­sed parent for many years. With this rebranding and refocus, ANSA Merchant Bank (Barbados) can now leverage the combined financial strength and experience of the Merchant Bank to play a more significan­t role in the domestic banking market, while deepening relationsh­ips with customers who will now be able to tap into a wider range of financing products and services.”

Hill said this move will contribute considerab­le value to the business sector and Barbados in general.

Managing Director Victor Boyce said the introducti­on of the ANSA Merchant Bank brand to Barbados was timely for both the country and the company.

“The ANSA Merchant Bank brand is establishi­ng its footprint in Barbados on the back of a strong performanc­e in 2021 and a legacy of several notable transactio­ns in the last decades,” Boyce stated.

Existing client relationsh­ips will be unaffected by the rebranding.

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