Scotiabank
Scotiabank is one of North America's premier financial institutions, and Canada's most international bank.
Since welcoming our first customers in Halifax, Nova Scotia, in 1832, Scotiabank has continued to expand its
global reach. Today, through our team of more than 70,000 employees, Scotiabank Group and its affiliates offer
a diverse range of products and services, including personal, commercial, corporate and investment banking, to
some 18.6 million customers in more than 50 countries around the world.
Our corporate goal is to be a leading multinational financial services provider, based in Canada, by being the
best at helping our customers become financially better off. Our confidence in Scotiabank's continued growth and
success is founded on several key factors:
A committed team that lives our shared values and works together to provide our customers with expert advice and service
A solid foundation of key strengths and priorities, including a strong capital base, and excellent risk and expense management skills
Diversification of our business lines, products and locations, and a clear focus on our strategy
Our Core Businesses
Our strategy of diversification underpins our potential for sustainable earnings growth in each of our four business
lines – Canadian Banking, International Banking, Scotia Capital and Global Wealth Management – over the long term.
Canadian Banking
Canadian Banking provides a diverse range of financial advice, solutions and service to more than 7.6 million retail, small
business and commercial customers across Canada, through a multi-channel delivery network of approximately 1,000 branches and 3,000
automated banking machines (ABMs), as well as telephone and Internet banking, and third-party channels.
Canadian Banking includes two main businesses:
- Retail Banking and Small Business Banking provides mortgages, loans, credit cards, investments, insurance and day-to-day banking
products to individuals and small businesses.
- Commercial Banking delivers a full product suite to medium to large businesses, including business banking, cash management,
lending and leasing.
International Banking
International Banking encompasses Scotiabank's retail and commercial banking operations in more than 45 countries outside
Canada – an international presence unmatched by our domestic competitors. More than 48,000 employees, including those working
in our subsidiaries and affiliates, provide a full range of financial services to 11 million customers through a network of
approximately 2,000 branches and offices and 3,700 ABMs, as well as telephone and Internet banking, in-store banking kiosks
and specialized sales forces. We operate in the Caribbean and Central America, Mexico, Latin America and Asia.
Scotia Capital
Scotia Capital is the wholesale banking arm of the Scotiabank Group. We offer a wide variety of products to corporate, government
and institutional investor clients. Scotia Capital is a full-service lender and investment dealer in Canada and Mexico, and
offers a wide range of products in other parts of Latin America and the U.S. We also provide select products and services to
niche markets in Europe and Asia.
Scotia Capital provides corporate lending, equity and debt underwriting, and mergers & acquisitions advisory services, as well
as capital markets products and services, such as fixed income; derivatives; prime brokerage; securitization; foreign exchange;
equity sales, trading and research; and, through ScotiaMocatta, precious and base metals.
Global Wealth Management
This new business line brings together a number of areas, combining our wealth management and insurance businesses in Canada
and internationally, along with our Global Transaction Banking group, to drive revenue growth across multiple geographies and
businesses, with a strong global perspective.
Global Wealth Management includes:
- Wealth management provides a full range of products and services to affluent and high net-worth clients in Canada and
international locations where the Bank has a strong retail banking footprint.
- Insurance is provided to retail customers in Canada and international locations such as Mexico, Chile, Peru, El
Salvador and the Caribbean.
- Global Transaction Banking (GTB), offers comprehensive business solutions – cash management and payment services, business
deposits and trade services – to the small business, commercial and corporate customer segments of the Bank’s business lines,
as well as correspondent banking services to other financial institutions globally.
Corporate Social Responsibility
Scotiabank defines corporate social responsibility (CSR) as the way we interact with our stakeholders – our shareholders,
customers, employees and communities – to meet our social, economic, environmental and ethical responsibilities.
Our community giving is an important component of our CSR efforts. Over the last five years, the Bank has provided on average approximately $44
million annually to community causes around the world. We’re also extremely proud that our employees spent 324,000 hours in 2010 volunteering
and fundraising through our formal community programs.
In 2011, Scotiabank announced its global philanthropic platform, the Bright Future program, which unites all of the Bank’s
corporate giving and employee-volunteer programs around the world. Our areas of focus are social services, education, health,
arts and culture, and the environment.
The information contained on this website is for use by persons resident in Canada only.
