Discover India

Scotia Bank Review

Scotia bank is one of the leading financial bank in North America and Canada’s International bank established in the year 1832. It has around 60,000 employees serving nearly 12 million customers in 50 countries around the globe. It offers various services like personal, commercial, Investment, and cooperate Banking. The Main strengths of the bank are- customer satisfaction, diversification, risk management, cost control and mainly the employee strength. The main Goal of the Bank is to be the best International bank in Canada. The bank believes that in this cooperate world their objectives must align with the stakeholder’s priority which include the customers, employees, Share holders and even the Bank employees.

The Banks also participates in social welfare programs. In the year 2007 the bank has contributed nearly 43 million dollars towards the welfare of health, education, arts and culture and many more international projects.

This main vision of the bank is to create and seize opportunities to server the customers in better way and over the years they have achieved. They worked as whole team focusing towards the goal and gained customer satisfaction in all the three domains –Domestic, International Banking and Scotia Capital.

Domestic Banking provides an extensive range of banking and investment services to 7 million retail, commercial customers, and small businesses across Canada. In Canada it has more than 1000 branches, Automated Internet Banking Facility, more than 2900 automated machines and nearly 22000 employees with three call centers and 6 commercial business supporting centers. The wealth management group offers a variety range of services and products. It incorporates the personal investment and advisory activities in the Scotia Bank.

International Banking of Scotia bank performs operation in more than 40 countries outside the Canada. There are more than 5 million customers and 34000 employees working in this business line. The international Banking includes the geographic regions Central America, Latin America, Asia and the Caribbean.

Scotia Banking encompasses lending, Investment to government, cooperate and institutional clients. It has more than 17 offices and nearly 300 relation ship mergers. For the fourth consecutive year Scotia Bank has delivered record results.