The Banker Magazine has named Scotiabank (Barbados) Limited as Barbados’ Bank of the Year, for the fifth consecutive time.
This win follows a similar one awarded to the Barbados business earlier this year. They were awarded Best Bank 2024 by Global Finance.
The Banker Magazine is the world’s longest running international banking magazine, recognized as a leading source of information on finance and investment around the globe. Regarded as the industry standard for banking excellence, it’s Bank of the Year Awards, aim to recognise banks that have grown while retaining a solid balance sheet, improved the quality of their service, invested in technology and considered their role within their local communities.
Commenting on the win, Managing Director, Scotiabank (Barbados) Limited Suzette Armoogam-Shah, stated: “This award is a result of our clients’ continued loyalty, trust and confidence and I thank them for their commitment to Scotiabank. Our ability to achieve this recognition for the past 5 years is also a reflection of the passion and dedication of our employees to help make it easier for clients to do business with us.”
“While a lot of work has gone into this award, we remain committed to continuously striving for better to meet our clients’ needs. This award gives us the motivation to further improve in 2025 and beyond as we maintain a client centric mindset, ensuring that we deliver a differentiated experience that adds value,” Armoogam-Shah concluded.
Highlights from the Bank’s performance this year include enhancements to digital platforms, inclusive of a new digital onboarding process. Along with the progress on the digitalisation front, investments have been made in fraud detection measures to enable more efficient identification of suspicious activities, further enforcing the Bank’s commitment to keeping clients safe.
This year, Scotiabank was also named the Bank of the Year 2024 in Bahamas, Canada, Guyana, Trinidad and Tobago and Turks and Caicos.
Persons can read more about Scotiabank’s 2024 Awards on The Banker’s website at https://www.thebanker.com/Bank-of-the-Year-Awards-2024-Americas-1733356865.
