The Caribbean’s Regional Credit Rating Agency, CariCRIS, has reaffirmed its high creditworthiness rating for ANSA Merchant Bank Limited (the AMBL Group) for the second consecutive year. These credit ratings have been assigned by CariAA (Foreign Currency (FC) and Local Currency (LC)) on the regional rating
The Directors have declared an interim dividend of twenty cents per share for the half year ended June 30th, 2023 payable on October 6th, 2023.
“Money is always eager and ready to work for anyone who is ready to employ it.” — Idowu Koyenikan INTERNATIONAL MARKETS At first glance, U.S. equity markets look upbeat, with the S&P 500 up around 15% in the last 3 months. However, this has been
Pursuant to Section 63 and 67(2)(c) of the Securities Act 2012 (the “Act”) ANSA Merchant Bank Limited (the “Company”) wishes to advise its shareholders that the Company’s Annual Report for the year ended 31st December, 2022 is now accessible on the Company’s website.
“Courage taught me no matter how bad a crisis gets…any sound investment will eventually pay off” — Carlos Slim Helu INTERNATIONAL MARKETS The first quarter has come and gone, but not without leaving an indelible mark on markets. Rising interest rates, low liquidity and a
Over the March 17th weekend, Swiss banking giant UBS acquired its cross-street rival Credit Suisse (CS) after the first globally systemically important bank (GSIB) failure since the 2008 global financial crisis (GFC). Existing Credit Suisse (CS) shareholders would receive one share in the new UBS
On Friday, March 10th 2023 trading in shares of the Silicon Valley Bank (SVB) was halted as state regulators in California closed the struggling bank and appointed the Federal Deposit Insurance Corporation (FDIC) as the Receiver. All of SVB’s deposits and assets were placed under
” Successful investing is about managing risk, not avoiding it” — Benjamin Graham INTERNATIONAL MARKETS 2022 started with a bang as growing optimism for a global post Covid recovery quickly panned towards a scramble to pare losses, as markets plunged to decade lows. While inflation
The Caribbean’s Regional Credit Rating Agency CariCRIS has assigned top ratings to AMBL on its very first Credit Rating exercise of the AMBL Group.
“Successful investors demonstrate caution in frothy markets and steadfast conviction in panicky ones” — Seth Klarman. INTERNATIONAL MARKETS Equity markets sank during the quarter as the Federal Reserve remained steadfast in its approach to raising interest rates. European stocks, especially, underperformed. Yields climbed, with the