Scotia Bank of Turks and Caicos Wins Award
SCOTIABANK has received a prestigious international banking award for the third year running for its strong management and prudent approach to risk.
The region’s leading bank won the title of ‘Bank of the Year’ in The Turks and Caicos Islands from The Banker, a leading international finance and investment magazine.
The magazine’s Bank of the Year award is now in its 10th year and according to the magazine, it is given to the best commercial bank in over 130 countries based on financial results, technological advancements and future strategic marketing plans. This year The Banker received a record number of entries for the awards – more than 500 questionnaires were submitted.
In light of the financial markets, the award acknowledges the institutions that have managed the challenges of the financial crisis with skill, courage and expertise.
The 2009 awards will be formally announced in the December issue of the magazine. The Banker is the world’s longest running international banking magazine, recognised as a leading source of information on finance and investment across the globe.
(resource: TCWeeklyNews)