ANSA McAL has sold Standard Distributors and Sales Barbados Ltd to Term Finance (Trinidad & Tobago) Ltd., marking a significant shift for the 80-year-old company.
Group CEO Anthony N. Sabga III described the sale as closing an important chapter in the Standard story, while acknowledging its lasting impact across the region.
As part of the transition, Standard Credit will continue to support all existing hire purchase and loan accounts, offering full warranty and service on past purchases.
Standard Credit is promised to blend legacy with modern technology to offer, flexible, and affordable cash loans.
