Thursday, Aug 22, 2019
HomeBusinessAnsbacher (Bahamas) Limited acquires Lyford International Bank Ltd.

Ansbacher (Bahamas) Limited acquires Lyford International Bank Ltd.

Ansbacher (Bahamas) Limited is pleased to announce that as at February 1, 2019 it has acquired Lyford International Bank Ltd., with full regulatory approval.

As a result of the acquisition, Lyford International Bank Ltd. will merge with Ansbacher, headed by Managing Director Andrew Alexiou. Ansbacher is a member of the AF Holdings Ltd. group of companies, the largest diversified Bahamian-owned financial holding company in The Bahamas and is one of The Bahamas’ oldest and leading financial institutions, specializing in wealth management and private banking.

“In recent times Ansbacher has been able to strategically acquire a number of financial institutions as we cement our position as a leader in the local financial services industry,” commented Andrew Alexiou. “We are pleased to have completed another successful acquisition with the addition of Lyford International Bank Ltd.”

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