12,335.25-17.1
Stock Analysis, IPO, Mutual Funds, Bonds & More

Bank of Baroda to exit Trinidad & Tobago

BoB Trinidad & Tobago started its operations in October 2007 as a wholly-owned overseas subsidiary. "We have had a long and successful tenure in Trinidad & Tobago and will look forward to a disruption-free service to our valued customers of in that market," executive director Murali Ramaswami, said in a statement.

PTI|
Dec 12, 2019, 06.45 PM IST
0Comments
Agencies
Bank-of-Baroda
The sale will need an approval from Central Bank of Trinidad & Tobago
Mumbai: As part of rationalising its international operations, state-owned Bank of Baroda Thursday signed a share purchase agreement with Ansa Merchant Bank to sell the business of Bank of Baroda Trinidad & Tobago.

BoB Trinidad & Tobago started its operations in October 2007 as a wholly-owned overseas subsidiary.

"We have had a long and successful tenure in Trinidad & Tobago and will look forward to a disruption-free service to our valued customers of in that market," executive director Murali Ramaswami, said in a statement.

The sale will need an approval from Central Bank of Trinidad & Tobago.

BoB had decided to exit the business way back in May 2017

Also Read

Carnival calendar: Spain, Italy, Trinidad - the best from across the globe

How Trinidad and Tobago played a key role in India’s ongoing LGBT hearing

Soccer-United States miss out on World Cup after loss in Trinidad

Soccer: United States miss out on World Cup after loss in Trinidad

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service