Scotia insights
an original web series.

Our customers, benefited from the expertise of Scotiabankers Rolf Schmitz, Stephen Bagnarol and Damian Jones as they shared global and local perspectives on navigating the current unchartered business environment. Insights were shared on how the COVID-19 pandemic has resulted in a fall in oil prices, subdued demand, and a price war between Russia and Saudi Arabia. The discussion focused not only on the recent volatility in the oil market, but also on the outlook for oil prices moving forward, the potential influence on the local energy industry and how this impacts the way business is conducted.

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Access your money safely - at any time, from any place. Stay in the know with our digital banking guides, how to videos, demos and other useful links to show you how to take care of your banking needs. New  to online banking? No worries. We've got you covered. Learn about the everyday banking you can do using ScotiaOnLine Banking and the Scotia Caribbean Mobile App.

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The inaugural insights event featured 3 top business owners.

• Peter Ghany, Director - Esau Oilfield Supplies Company Limited
• Alison Mair-Pascal, Director-  Chaud Café (+ the newly opened Café Vite)
• Keron “Tim Tim” Boodoosingh, Director - Full Stop Media and Host on 96.7fm’s Red Hott Morning Show

All three speakers shared their personal entrepreneurial journeys from start up to present day including key drivers and overcoming obstacles. Our Business Banking customers had the opportunity to chat with other like-minded local entrepreneurs and share experiences about challenges, success and what motivates them to move forward.

We invited Nick Chamie, Chief Investment Officer; International Wealth Management – Scotiabank Global and Brian Hackett, Territory Senior Partner PWC to share global and local perspectives on the roadmap for challenging economic times. Our Corporate and Commercial customers had the opportunity to share experiences and possibilities for their businesses given the economic climate at that time.

Feature speaker Professor Andrew Ramroop addressed a group of 300 Servol Trainees aged 17-20 years old. He explained how he defined his own success starting as an 11 year old boy growing up in Tunapuna, Trinidad who made his first pair of trousers out of his mother’s flour bag pillow case, to becoming Andrew Ramroop OBE, Master Tailor and Director of Maurice Sedwell, ultra-bespoke tailors of Savile Row, London UK. 

For business owners and entrepreneurs across the region, the COVID-19 pandemic has posed many challenges. Many companies have closed their operations while others have made significant changes in the way they operate, scaling down for the foreseeable future. For others however the past months represented an opportunity to grow and digitally transform their business.

In this episode we explored how some businesses were able to grow and thrive in this new environment, and which digital solutions can help with your goals.

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Based on these insights and historical performance trends, we explored the importance of portfolio diversification for investors to achieve their long term investment objectives.

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Based on the new treats that Businesses now face, we made recommendations for how our customers can identify and protect their assets.

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