Bank of Nova Scotia has once again been named the Bank of the Year in Canada by Britain’s The Banker magazine.

This is the second consecutive year Scotiabank (TSX:BNS) has received this honour from the magazine.

“We’re thrilled to accept this award from The Banker magazine for maintaining a strong track record of delivering superior business results,” said Anatol von Hahn, Scotiabank’s group head of Canadian banking, in a release.

Scotiabank was also named Bank of the Year by the magazine in the British Virgin Islands, Trinidad & Tobago, Guyana and Jamaica.

In 2012, the magazine named Scotiabank Global Bank of the Year — a first for a Canadian bank — and Bank of the Year in the Americas.

The magazine selects winners based on their ability to deliver shareholder returns and gain strategic advantage.

Scotiabank, with assets of $743 billion, is a lmultinational financial services provider and Canada’s most international bank. With more than 83,000 employees, Scotiabank and its affiliates serve some 21 million customers in more than 55 countries around the world.