A member of one of the region’s largest conglomerates says it is closer to introducing a digital bank in Trinidad and Tobago, and Barbados will be close behind.Managing Director of ANSA Merchant Bank Ltd Gregory Hill said the financial institution would be launching its digital bank at the end of this year in the twin-island republic.ANSA Merchant Bank bought the Bank of Baroda in Trinidad and last year rebranded it ANSA Bank. It was then that officials first disclosed that over a 15-year period, ANSA Bank would be investing heavily in technology and artificial intelligence as it moves to become the country’s first digital bank.Hill said he believed the digital bank was “a way of growing the level of banking services among the population in Trinidad and, eventually, Barbados when we bring our digital solutions to Barbados and the rest of the region”.“We do expect that once the digital bank is fully deployed and we have all our tools and toys rolled out and our products and services, we will be offering it to Barbados shortly thereafter,” he told Barbados TODAY.
