The story behind Scotiabank Trinidad and Tobago.
Our commitment to you is backed by experience and stability, accompanying over 60 years of continuous and progressive banking operations in Trinidad and Tobago. We draw on our past to help you uncover new opportunities for your future, giving you the power to make better off possible.
Scotiabank first opened a branch in Port-of-Spain, Trinidad in 1906. However, after an epidemic of yellow fever that year which took the life of the manager, the branch closed to prevent the contagious disease from spreading to other staff. In 1954 Scotiabank returned to Port-of-Spain and further expanded in Trinidad with seven new branches in the late 1960s, bringing the total to 13.
In 1973, The Bank of Nova Scotia Trinidad and Tobago Limited issued 17,000,000 shares to local shareholders, who eventually acquired about 23 per cent of the capital funds. Again in 1979, additional shares were sold, bringing local holdings to slightly more than 50 per cent. In 1998, the bank's name was changed to Scotiabank Trinidad and Tobago Limited.
Today, Scotiabank Trinidad and Tobago Limited has approx. 1,400 employees, 119 automated teller machines (ATMs), 19 branches and 1 sales centre, offering a broad range of retail, commercial and cash management services.