Scotiabank is the “Best Bank in the Caribbean” according to LatinFinance, a magazine covering finance and investment in Latin America.

“Winning an award like this one takes the concerted efforts of a first- class team across the Caribbean region dedicated to our customers and communities,” said Rick Waugh, vice chairman international banking and Wealth Management, Scotiabank, in a news release. “The continued success of Scotiabank is based on our people and on business fundamentals: consistent execution, dedicated focus on customer and employee satisfaction, aggressive productivity improvements and continually reallocating capital to high-growth, high-potential areas. This award speaks to the success of our employees across the region in these areas.”

LatinFinance magazine, a division of Euromoney Institutional Investor Plc, is internationally recognized as the leading source of information on finance and investment in Latin America, providing extensive, original research and analysis. The award was based on productivity, scope and quality of service across the Caribbean.

“We selected Scotiabank for its strong overall financial performance, breadth and quality of service to customers across the Caribbean,” said Jennifer Galloway, Managing Editor of LatinFinance. “This is the first year for the LatinFinance Best Bank in the Caribbean award and we look forward to bringing this information to our readers annually so that they can make even more informed decisions about financial institutions throughout the region.”