Scotiabank has been recognised as Guyana’s Bank of the Year 2024 by The Banker Magazine, which is a Financial Times publication that is regarded as the industry standard for banking excellence.

The Bank of the Year Award recognises banking institutions 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.

In a statement, the Scotiabank’s Country Manager, Nafeeza Gaffoor, credited the bank’s success to its improved loan facilities and customer friendly approach. 

“This has certainly been an exciting year for us and our clients. We introduced new products, services and tools, delivering an improved banking experience for clients and supporting them with getting their banking done faster and more conveniently. I thank our clients for their dedication, confidence and trust and our employees for continuing to innovate while maintaining a client centric mindset.” Gaffoor was quoted as saying in the release.

The bank was recognised for the launch of its new Scotia Caribbean app, which has biometric sign-in and a redesigned user experience, as well as the upgraded Scotia OnLine Banking platform, which now includes a one-time password protection and expanded bill payment options.

Scotiabank also received high praises for the Introduction of its proprietary application technology, which enables clients to accept and process payments through self-check and kiosk services.

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.

This year, Scotiabank was also named the Bank of the Year 2024 in Bahamas, Barbados Canada, Trinidad & Tobago and Turks & Caicos. 

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