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Scotiabank Trinidad and Tobago Named Bank of the Year 2014
November 10, 2014
Scotiabank has been named Bank of the Year 2014 in Trinidad and Tobago by LatinFinance for its stand-out performance during the past year, excelling in areas including growth, profitability, asset quality, solvency and efficient use of the capital markets.
"We are pleased to be named Bank of the Year in Trinidad and Tobago by LatinFinance," said Anya M. Schnoor, Senior Vice President and Managing Director, Scotiabank Trinidad and Tobago Limited. "This year we celebrate our 60 th anniversary in Trinidad and Tobago so to win this prestigious award in such a milestone anniversary year is indeed great news!. Since 1954, we have built our success by staying focused on our customers to help them 'discover what's possible' while investing in our people and supporting our communities."
LatinFinance's Bank of the Year awards titles are a warded based on the success of banks: whether it is outperforming peers in growth and profitability, working to maintain asset quality and capital, rolling out effective products, or accessing capital markets with prowess.
The awards focus on banks' performance between July 1, 2013 and June 30, 2014. LatinFinance sought qualitative and quantitative data from banks after drawing up a shortlist for each category based on size of assets, position in the Dealogic fee league tables, or the 2013 MIX/IDB Top 100 report on microfinance. The editors supplemented submissions from banks with publically available financial statements and regulatory information, as well as data and opinion from equity and credit analysts.
About Scotiabank Trinidad and Tobago Limited
2014 marks the 60th anniversary of Scotiabank's operations in Trinidad and Tobago. The Bank offers a comprehensive line of Retail, Small Business, Corporate, Commercial and Wealth services through its extensive network of 24 Branches and 5 Sales Centres across the country. Its subsidiaries include Scotia Insurance and Scotia Investments Trinidad and Tobago Limited. The Scotiabank Trinidad and Tobago Foundation, a registered charitable organisation, co-ordinates the Bank's philanthropic activities. For further details, please visit www.scotiabanktt.com
For more information on Latin Finance visit www.latinfinance.com.