ANSA Merchant Bank to acquire Trinidad and Tobago operations of Bank of Baroda.

ANSA Merchant Bank, a Trinidad and Tobago-based provider of Auto Financing, Asset finance, Investment services, and merchant banking services, is set to acquire the Trinidad and Tobago operations of Bank of Baroda. Financial terms were not disclosed. The transaction is subject to the approval of the Central Bank of Trinidad and Tobago. “We have had a long and successful tenure in Trinidad and Tobago and will look forward to a disruption-free service to the valued customers of BOBTTL. Bank of Baroda stays committed to maintaining its existing international relationships,” said Murali Ramaswami, Bank of Baroda Executive Director.