Congratulations to **Ansbacher (Bahamas) Limited**, celebrating its golden anniversary. His Royal Highness Prince Edward, KG, KCVO unveiled a plaque today, marking the institution’s 50 years of operation in The Bahamas.
Michael Mayhew-Arnold, Managing Director of Ansbacher (Bahamas) Limited said the institution was honoured to have Prince Edward participate on the very special occasion, described as a tremendous milestone in Ansbacher’s history in The Bahamas.
Also present at the ceremony was Mr. Hugh Titcomb, Ansbacher Group’s Chief Executive Officer. He said, *”On behalf of the Ansbacher Group of Companies and our shareholders Qatar National Bank, I congratulate Ansbacher Bahamas on its 50th year anniversary. We look forward to the next 50 years.”*.
Ansbacher (Bahamas) Limited was established in 1957, and offers a comprehensive range of services that include private banking, fiduciary services and wealth management tailored to specific client needs. Formerly known as the Bahamas International Trust Company Ltd. (BITCO), it was previously owned by a consortium of banks. BITCO was sold to the Ansbacher Group of Companies in 1989, changing its name to Ansbacher (Bahamas) Limited in 1994.
The Ansbacher Group is a wholly owned subsidiary of Qatar National Bank (QNB), established in 1964 as the first Qatari owned commercial bank. QNB is rated in the top 150 banks in the world in terms of capital strength, and has a long-term credit rating of A+.
*”We have very loyal and long serving members of staff, which helps in the longevity and continuity of service,”* says Mr. Mayhew-Arnold, who also points out that Ansbacher has 60 staff members, 54 of whom are Bahamian.