Caribbean Today News

Scotiabank Jamaica named best performing bank

Scotiabank has been recognised as the Best Performing Bank in Jamaica by leading global financial publication The Banker, a Financial Times company. The prestigious ranking highlights the Bank’s strong financial performance, operational excellence, and sound risk management practices.

In its latest assessment of the region’s financial institutions, The Banker ranked Scotiabank number one in terms of profitability, operational efficiency, return on risk and leverage.

This recognition reinforces Scotiabank’s position as a leader in Jamaica’s banking sector and underscores the Bank’s focus on sustainable growth, disciplined financial management, and exceptional customer service.

Audrey Tugwell Henry, President and CEO, Scotia Group Jamaica, welcomed the recognition, stating: “We are honoured to receive this accolade which reflects the hard work of our dedicated team, our commitment to innovation and efficiency, and our focus on creating long-term value for our clients, shareholders, and the communities we serve. We are proud to support Jamaica and remain committed to driving growth and excellence in the financial sector.”

She added that the institution continues to prioritize digital transformation, responsible banking, and client-centric solutions as part of its broader strategy to remain at the forefront of financial services in Jamaica.

The Banker is the World’s oldest international banking magazine and provides economic and financial intelligence for the global financial sector. One winning bank is selected for each of the 120 countries judged based on their strategic positioning, ability to deliver results and enhance service to customers.