CariCRIS assigns ‘high creditworthiness’ ratings for ANSA Merchant Bank Limited

November 1, 2022

Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned initial issuer/corporate credit ratings of CariAA (Foreign Currency (FC) and Local Currency (LC)) on the regional rating scale and ttAA (FC and LC) on the Trinidad and Tobago (T&T) national scale to ANSA Merchant Bank Limited (AMBL Group). These ratings include a single notch up for the high likelihood of support, if needed, from the parent ANSA McAL Limited. The regional scale ratings indicate that the level of creditworthiness of this obligor, adjudged in relation to other obligors in the Caribbean and within T&T, is high. The national scale ratings indicate that AMBL Group’s creditworthiness, compared to other obligors in T&T, is high.