CaribPR Wire

The fundraiser supports scholarships for Caribbean Students studying at UWI

For Immediate Release

CARIBPR WIRE, Toronto, ON, March 7, 2024 (Toronto, ON) – The 15th Annual University of West Indies (UWI) Toronto Benefit Awards celebrates the 2024 Honorees of its fundraiser in support of scholarships for Caribbean students on Saturday April 20th, 2024 at the prestigious Ritz-Carlton Hotel, 181 Wellington Street, Toronto at 5:30pm EST. The sold-out gala affair is hosted by The University of the West Indies (UWI), top ranked among the world’s best universities, with Scotiabank as Lead Sponsor for the 15^th consecutive year.

“The UWI Toronto Benefit Awards has provided 850 scholarships and bursaries to Caribbean students over the years” exclaimed Elizabeth Buchanan-Hind, Executive Director of University’s Institutional Advancement Division. “We know that education is the pathway to success as is evident with those who graduated and have gone onto great careers because they were able to attend The University of West Indies and get a world class education.”

Primary sponsors for this year’s event include Dr. Donette Chin-Loy Chang, Sprott Inc., The Hibbert Family Foundation, and BDO.

Under this year’s theme, Lighting the Way Together, this not-to-be missed night on the Toronto social calendar cultivates a high-profile guest list of corporate executives, public personalities and  community members committed to giving back to the Caribbean diaspora.

The distinguished 2024 Honourees are:

●     Luminary Award: The Honourable Mr. Justice Hugh L. Fraser, O.C., FCIArb., CollArb, OLY - Mediator, Arbitrator and Human Rights Activist

●     G. Raymond Chang Award: Mr. Raj Kothari, FCPA, FCA, MBA – Business Leader and Humanitarian

●     Chancellor’s Award: Air Canada - Global Organization serving the Caribbean

●     Vice Chancellor’s Award: Dr. Pamela Appelt, OD - Court of Canadian Citizenship Justice (Ret.), Humanitarian; Mr. Stanley J. Julien - Head, Special Accounts Management Unit – Canada, BMO Bank of Montreal, Business and Diversity, Equity and Inclusion Leader; Mr. Deland Kamanga, CFA - Group Head, BMO Wealth Management, Financial Specialist and Philanthropist; Dr. Claudette McGowan – Chief Executive Officer, Protexxa, Global Cybersecurity Leader and Human Rights Activist, Business Leader and Philanthropist

The Patrons of the UWI Toronto Benefit Awards are Dr. Donette Chin-Loy Chang, Mr. Andrew Chang, Ms. Brigette Chang, and joining them this year are Mr. Kevin Hibbert and Mrs. Ann-Marie Hibbert, both passionate supporters of higher education and the UWI Student Scholarship Fund. Mr. Hibbert was a recipient of the 2023 Vice Chancellor’s Award.

Lighting the Way Together demonstrates how together, community donations, financial support and inspiration provides a lifeline to students eager to fulfill their educational dreams.

Media Availability: 6:00pm – 6:30pm – 4th Floor (Honourees, Patrons and select VIPs)

MEDIA ACCREDITATION HERE

Honouree Headshots

Red Carpet Cocktail Hour – 5:30pm – 7:00pm – 2nd Floor

Dinner, Awards Program, Entertainment – 7:00pm – 10:00pm – 2nd Floor

Air Canada Lyme (After Party) – 10:00pm – Midnight

Website | Instagram | Twitter | Facebook

EDITOR’S NOTE: An image for use with this article is available HERE

Priceless Planet Coalition global pledge is to plant 100 million trees in five years

CaribPR Wire, Thurs. March 18th, 2021 – Scotiabank joins Mastercard on the expansion of the Priceless Planet Coalition to generate climate change awareness and impact across four Caribbean countries: Jamaica, Barbados, The Bahamas and the Dominican Republic. As part of the launch of this initiative, Scotiabank cardholders can contribute to different forestation initiatives through online purchases made with their ScotiaCard.

This global coalition unites the efforts of merchants, banks, cities and consumers to make meaningful investments to preserve the environment through the restoration of 100 million trees over five years, together with forestry experts from Conservation International and World Resources Institute. Other participating members are Transport for London and American Airlines, among others around the world, all of which are investing in innovative ways to inspire collective actions to address climate change. In the Caribbean, a place where climate change further impacts the effects of devastating hurricanes, Scotiabank has pioneered several initiatives to reduce Carbon emissions.

The current pandemic has underscored how interconnected our world has become, and that the health and well-being of our planet is deeply linked to that of our people. Together, Mastercard and Scotiabank are taking action now to combat global warming. Until April 22, current and new Bank cardholders in Jamaica can contribute to planting a tree for every five online purchases of J$4350 or more. The goal is to plant a total of 75,000 trees, based on purchases made in Jamaica, Barbados, The Bahamas and the Dominican Republic.

“Scotiabank is guided by our purpose: “for every future”. We recognize that climate change is one of the most pressing issues of our time, and through our Climate Commitments, we are dedicated to supporting actions that address this challenge through our banking operations,” said Anya Schnoor, Executive Vice President of Scotiabank in the Caribbean, Central America and Uruguay. “As a leading Bank in the Americas, collaboration with other organizations is crucial for effective climate action. The Priceless Planet Coalition provides an opportunity for us to work alongside Mastercard to help make an impact and enables our customers in the Caribbean to be part of a very practical and tangible climate solution,” she added.

Climate change affects us all. In the Caribbean, the negative impact of extreme weather conditions on sectors such as agriculture and tourism can be significant. Reforestation has a direct and measurable impact on the environment.

“Mastercard is committed to protect the environment in every continent where it operates, and here in the Caribbean, where the weather is sometimes extremely punishing, suffering from very destructive hurricanes; we truly believe in our efforts on restoring the rainforests and the landscapes is a key element in the fight against climate change” said Marcelo Tangioni, President of The Caribbean Division at Mastercard. Mr. Tangioni also added that “We are very glad to welcome Scotiabank joining the Priceless Planet Coalition, for this constant work against the clock and mostly, to rebuild ecosystems with the help of all the partners of the Coalition.”

The Priceless Planet Coalition aims to reinforce a restoration model that is not only focused on planting trees, but on re-growing forests for a positive climate, community, and biodiversity impact. To learn more about Priceless Planet Coalition, please visit www.PricelessPlanet.org and follow us on social media #pricelessplanet.

To know more about Mastercard Corporate Social Responsibility’s Report and all its social and environmental efforts around the World click here

About Mastercard, www.mastercard.com

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

About Scotiabank

Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of over 90,000 employees and assets of approximately $1.1 trillion (as at October 31, 2020), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on Twitter @ScotiabankViews.

TORONTO and LIMA, Peru, March 1, 2019 /PRNewswire-HISPANIC PR WIRE/ — Scotiabank announced today it has successfully completed the acquisition of 51% of the controlling interest of Banco Cencosud after receiving regulatory approval from Peruvian authorities. Scotiabank and Banco Cencosud will jointly manage the credit card operations and offer other products and services to customers in partnership for 15 years. Scotiabank and Cencosud have similar agreements in Chile and Colombia. With the closing of this acquisition, Scotiabank has become Peru’s second largest credit card issuer.

“Partnering with Cencosud has been a rewarding process in which we have begun to leverage the potential of the consumer finance business”, said Miguel Uccelli, CEO & Country Head of Scotiabank Peru.” With this acquisition we have completed one more phase in our strategy to strengthen our consumer financing and credit card business in Peru, which aligns with our global vision to increase scale in the countries of the Pacific Alliance; Colombia, Chile, Mexico and Peru”, he concluded.

“Our objective is to leverage the teams from Banco Cencosud and Scotiabank to build an improved experience for all our customers”, said Carlos Morante, CEO of Banco Cencosud, and who will be in charge of the operation under the new name of CAJA CAT PERÚ. “Our customers will continue to enjoy the products they have with us, under the same conditions, but with greater support. We will continue operating separately, taking into account the special features of each business and we will continue to work with our current team of employees”, he said. Morante indicated that no customer has to change their credit cards or other products, “Everything remains the same”, he concluded.

Cencosud Peru owns the second-largest supermarket and the fourth-largest department store chain in the country. Cencosud has operated in Peru since 2007 through the Wong supermarket brand Metro supermarket and Paris department stores. It is also the owner of various shopping malls.

About Scotiabank

Scotiabank is Canada’s international bank and a leading financial services provider in the Americas. We are dedicated to helping our more than 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 98,000 employees¹ and assets of over $1 trillion (as at January 31, 2019), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

¹Employees are reported on a full-time equivalent basis.

TORONTO and SANTO DOMINGO, Dominican Republic, March 1, 2019 /PRNewswire-HISPANIC PR WIRE/ – Scotiabank announced today that it has successfully completed the acquisition of 97.44% of Banco Dominicano del Progreso (BDP), after receiving regulatory approval by the Superintendency of Banks and the Monetary Board of the Central Bank of the Dominican Republic.

“We are excited to have completed this transaction that is fueled by the strategy of gaining greater scale in economically stable markets with prospects for growth, and allows us to expand and strengthen our operations in the country. We are building a leaner, more modern digital bank, to continue improving our customers’ experience with enhanced financial services and products” said Gonzalo Parral, CEO, Scotiabank Dominican Republic.

With the closing of this acquisition, Scotiabank doubles its customer base and strengthens its fourth-place position in terms of assets in full-service banking and its third-place ranking in the credit card segment in the Dominican Republic, with a 17% share of the market. The acquired Banco Dominicano del Progreso operations include 57 branches, 184 ABMs and more than 160 banking sub-agents, which serve more than 250,000 personal and commercial banking customers.

For further information on the integration stage, please visit www.scotiabank.com.do and www.progreso.com.do.

About Scotiabank
Scotiabank is Canada’s international bank and a leading financial services provider in the Americas. We are dedicated to helping our more than 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 98,000 employees¹ and assets of over $1 trillion (as at January 31, 2019), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

¹Employees are reported on a full-time equivalent basis.

TORONTO, Nov. 6, 2018 /PRNewswire-HISPANIC PR WIRE/ — Scotiabank is proud to have been named 2018 Bank of the Year by LatinFinance for excellence in retail, commercial and investment banking services for Latin America and the Caribbean.

Scotiabank is the first Canadian bank to ever receive the Bank of the Year award from LatinFinance. The Bank was recognized for its, “overall strategy, volume and diversity of transactions; innovation and foresight; execution quality and success of transactions; role in particularly complex, innovative or large deals over the years; and quantity of transactions worked on over the year, and compared to previous years,” according to LatinFinance.

“We are honoured to have been recognized by LatinFinance as the 2018 Bank of the Year and would like to thank our customers for their loyalty and our employees for their hard work and dedication to providing an excellent customer experience,” said Ignacio (Nacho) Deschamps, Group Head of International Banking and Digital Transformation at Scotiabank. “This award recognizes Scotiabank for our long history in Latin America as well as our new acquisitions that add scale in the important markets we serve, especially in the Pacific Alliance countries.”

The Bank of the Year is chosen by an editorial panel that reviews financial data and research, considers quantitative and qualitative factors, and weighs analyst opinion. Winners will be honoured at an Awards Ceremony in New York City on December 4, 2018 to celebrate LatinFinance’s 30th anniversary.

LatinFinance is the leading source of intelligence on the financial markets and economies of Latin America and the Caribbean, and has covered banking and capital markets in the region for more than 25 years. It also provides detailed transaction pipelines, underwriting and advisory league tables, polls and awards.

About Scotiabank

Scotiabank is Canada’s international bank and a leading financial services provider in the Americas. We are dedicated to helping our 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 96,000 employees and assets of $947 billion (as at July 31, 2018), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

Logo – https://mma.prnewswire.com/media/780582/Scotiabank_Scotiabank_named_2018_Bank_of_The_Year_by_LatinFinanc.jpg

TORONTO, Jan. 25, 2018 /PRNewswire-HISPANIC PR WIRE/ – Scotiabank has been recognized by Junior Achievement Americas (JA) as the winner of the 2017 Transforming Education Award, the maximum recognition that JA gives to its partners at the regional level. Brent Currie, Scotiabank’s Senior Vice-President of Brand Management and Marketing Services, received the award in Toronto, Ontario.

Photo – https://mma.prnewswire.com/media/633499/Scotiabank_Scotiabank_recognized_by_Junior_Achievement_Americas.jpg

“We are pleased to partner with Junior Achievement Americas to help young people develop their entrepreneurial, labour and financial skills. This partnership reflects Scotiabank’s commitment to the long-term development of Latin America and the Caribbean,” said Brent Currie, Senior Vice-President, Brand Management and Marketing Services. “At Scotiabank, we’re focused on our future leaders, and recognize that our involvement with Junior Achievement not only helps young people reach their infinite potential, but also helps to ensure communities are set-up for success.”

Junior Achievement Americas has recognized Scotiabank for its ongoing support over the last eight years, allowing JA to not only impact the lives of thousands of young people in the region, but to generate innovations to remain relevant in the face of the needs of young people and the labour market. That is, digitalization of the content of the JA Economics for Success program, the development of the first Regional Online Innovation Camp of JA Americas, and the Road to Success initiative launching.

“We are delighted to recognize Scotiabank for its tireless support to the Latin American and Caribbean region,” said Leo Martellotto, President of Junior Achievement Americas. “Thanks to Scotiabank, and in partnership with them, JA Americas was able to improve the Economics for Success program, generating version 2.0: an online platform through which students learn the same concepts of the original program but in a digital, more interactive way.”

Scotiabank’s CSR priority to invest in young people has been reflected through the Bank’s partnership with Junior Achievement Americas, allowing students from 14 to 18 years of age to participate in national innovation camp competitions that aim to find innovative solutions to specific challenges that the business world faces. Similarly, the Road to Success program aims to help develop the infinite potential of youth in our communities by teaching kids the basic concepts of financial literacy. The initiative will continue to give students a basic understanding of the principles of finance and practical advice on budget planning and money management.

About Scotiabank
Scotiabank is Canada’s international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. We are dedicated to helping our 24 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 88,000 employees and assets of over $915 billion (as at October 31, 2017), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @Scotiabank.

About Scotiabank’s CSR
Scotiabank believes that every customer has the right to become better off. When customers succeed, businesses, communities, and entire societies benefit as well. Through our CSR strategy, Better Future, Better Off, we seek to create economic, social and environmental value that benefits every customer. Through our five commitments to Customers, Employees, Communities, the Environment and strong Corporate Governance practices, we aim to create a better future for both society and Scotiabank. For more information on our priorities and the impact we have made, please visit www.scotiabank.com/csr.

About JA Americas
As part of one of the world’s largest youth-serving NGOs, JA Americas activates youth for the future of jobs. Through the delivery of hands-on, blended learning in financial literacy, work readiness, and entrepreneurship, we empower young people to grow their entrepreneurial ideas, hone their work skills, manage their earnings, and secure better lives for themselves, their families, and their communities. With 31 countries, the JA Americas network is powered by over 38,000 volunteers and mentors, who serve more than 1 million young people each year. More information at www.jaamericas.org.

Click Here for More Information »

TORONTO and NEW YORK, Dec. 6, 2017 /PRNewswire-HISPANIC PR WIRE/ — Scotiabank announced today partnerships with two prominent Israeli technology leaders, Viola Group and Team8.  These partnerships further establish Scotiabank as a leader in the global innovation ecosystem and will help accelerate its development of technology capabilities, best-in-class customer experiences, and expertise in cybersecurity.

Scotiabank is investing in Viola FinTech I, L.P., a new venture fund that will invest in Israeli, European and North American FinTechs across various growth stages. The fund will co-invest alongside other leading global venture capital, private equity and financial institution investors. Their mission is to create mutual value by bridging the gap between financial institutions and innovative startups. The fund is led by Avi Zeevi, Prof. Daniel Tsiddon and Tomer Michaeli, an exceptionally experienced team with proven track records in banking, entrepreneurship and investment.

“We are delighted to partner with Viola Group to accelerate the Bank’s digital transformation and work with the most promising FinTechs across the globe,” said Ignacio (Nacho) Deschamps, Group Head, International Banking and Digital Transformation at Scotiabank. “This partnership will allow us to access Israel’s innovation ecosystem including well-established cybersecurity and anti-fraud expertise by leveraging Viola Group’s unique entrepreneurial and operational expertise.”

“We are honoured to work with a world-class financial institution such as Scotiabank which is truly committed to innovation and its customers worldwide,” said Prof. Daniel Tsiddon, principal of Viola Fintech. “We already see early results of this long-term collaboration and we look forward to working with Scotiabank to accelerate the integration of innovative ideas.”

Scotiabank and Team8, Israel’s most prestigious cybersecurity think tank and company-creation platform, will work together to foster cybersecurity innovation, through the exchange of knowledge, insights, and methodologies. An executive from Scotiabank will sit on Team8’s advisory board alongside Chief Information and Security Officers of other global financial institutions.

“We look forward to our partnership with Team8 to deepen our technology capabilities and know-how, which are foundational to Scotiabank’s digital transformation,” said Michael Zerbs, Chief Technology Officer at Scotiabank. “This partnership will increase our access to Israel’s world-class cybersecurity and fraud prevention ecosystem.”

“We are thrilled that Scotiabank will play a role in our unique company creation model to solve the big problems in cybersecurity. It is truly a win-win partnership,” said Nadav Zafrir, CEO and Co-Founder of Team8 and former Commander of Israeli Intelligence Unit 8200. “Joining our advisory board and pioneering our community of chief information security officers represents Scotiabank’s deep commitment to our shared vision of partnering with the industry to empower resilience within organizations. Their insights and experience bring incredible value to our approach.”

Israel has become known as the “Start-up Nation” and one of the premier places for high-tech firms and innovation. These partnerships are part of a broad digital transformation strategy the Bank is undertaking, which spans over multiple geographies and multiple strategic alliances, such as existing venture capital relationships with QED Investors, Georgian Partners and ScaleUP Ventures. Execution of this strategy has also yielded the creation of the Digital Factories in Canada, Mexico, Chile, Colombia and Peru, and the establishment of partnerships with academic institutions.

About Scotiabank

Scotiabank is Canada’s international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. We are dedicated to helping our 24 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 88,000 employees and assets of over $915 billion (as at October 31, 2017), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @Scotiabank.

About Viola Group

Viola Group, with over $2.8 Billion under management, is Israel’s premier technology oriented private equity investment group. Viola Group aims to provide long term, world-class returns by identifying and pursuing attractive investment strategies in the vibrant Israeli technology market. Viola Group is comprised of focused independent partnerships including a venture fund, a debt fund and a growth fund. Viola is currently establishing its FinTech arm – a global cross stage FinTech focused venture fund. The group funds, backed by leading global institutional investors from all over the world, have invested in over 200 technology companies. The group was co-founded by Avi Zeevi who is considered Israel’s leading Fintech investor.

About Team 8

Team8, Israel’s most prestigious cybersecurity think tank and venture creation foundry, develops disruptive companies that challenge the biggest problems in cybersecurity today. The Team8 innovation process combines a research team with intimate knowledge of both offensive and defensive aspects of cybersecurity, access to the best cyber talent, and a global syndicate that provides access to customers, partners and key influencers. Team8 was founded by leading cybersecurity experts Nadav Zafrir, Israel Grimberg and Liran Grinberg, all with deep ties to Israel’s famous IDF Technology & Intelligence Unit 8200. It is backed by Microsoft Ventures, Cisco, AT&T, Accenture, Qualcomm, Nokia, Temasek, Mitsui, Bessemer Venture Partners, Eric Schmidt’s Innovation Endeavors and Marker LLC. For more information on Team8, please visit www.team8.vc

TORONTO and NEW YORK, Dec. 5, 2017 /PRNewswire-HISPANIC PR WIRE/ — Scotiabank announced today that Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has formally accepted Scotiabank’s offer to acquire its 68.19% ownership in BBVA Chile, and its interests in certain subsidiaries, for approximately US$ 2.2 billion (CAD$ 2.9 billion). Scotiabank has entered into definitive agreements with BBVA and intends to merge BBVA Chile with its existing operations in Chile (Scotiabank Chile), subject to regulatory approvals.

The Said family, which owns 31.62% of BBVA Chile, has waived its Right of First Refusal to acquire BBVA’s shares of BBVA Chile, but maintains the right to tender all or a portion of its shares in the mandatory tender offer to be carried out by Scotiabank. The Said family has indicated their willingness to potentially remain in the business and, if so, would invest up to approximately US$ 500 million (CAD$ 650 million) in order to own up to 25% of the combined business when Scotiabank Chile and BBVA Chile are merged. In this scenario, and if the transaction is completed, Scotiabank’s Common Equity Tier 1 capital ratio will be impacted by approximately 90 basis points.  Scotiabank’s Common Equity Tier 1 capital ratio would be impacted by approximately 135 basis points, if the transaction is completed and the Said family tenders all of its shares to Scotiabank.

This transaction is in line with Scotiabank’s strategy to increase scale within the Chilean banking sector and the Pacific Alliance countries. It will double Scotiabank’s market share in Chile to approximately 14%, and make Scotiabank the 3^rd largest private sector bank in the country.

“We are pleased to have reached an agreement with BBVA to acquire their shares of BBVA Chile.  We look forward to a partnership with the Said family and to build a better bank in Chile,” said Brian Porter, President and CEO at Scotiabank.  “BBVA Chile has a proven track record of providing leading financial products and services to customers across the country and this transaction demonstrates excellent synergy between both banks with customer-centric cultures.”

“This acquisition allows us to create a leading bank in Chile underpinned by a solid risk culture and provides opportunities to accelerate our digital transformation, while building a high performance team,” said Ignacio (Nacho) Deschamps, Group Head, International Banking and Digital Transformation at Scotiabank.

Conference call

A conference call will take place on December 5, 2017, at 8:30 a.m. ET. Interested parties are invited to access the call live, in listen-only mode, by telephone at (416) 640-5944, or toll-free at 1-800-281-7973 (please call five to 15 minutes in advance). In addition, an accompanying slide presentation may be accessed via the Investor Relations page of www.scotiabank.com. Following discussion of the transaction by Scotiabank executives, there will be a question and answer session.

A telephone replay of the conference call will be available from December 5, 2017, to December 20, 2017, by calling (647) 436-0148 or 1-888-203-1112 (North America toll-free) and entering the identification code 9422114#.

About Scotiabank
Scotiabank is Canada’s international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. We are dedicated to helping our 24 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 88,000 employees and assets of over $915 billion (as at October 31, 2017), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on Twitter @Scotiabank.

TORONTO and NEW YORK, Nov. 28, 2017 /PRNewswire-HISPANIC PR WIRE/ — Scotiabank announced today that it has submitted a binding offer to acquire Banco Bilbao Vizcaya Argentaria, S.A.’s (BBVA) shares in BBVA Chile, which BBVA is willing to accept if BBVA’s minority partner, the Said family, does not exercise its Right of First Refusal under the shareholders agreement between BBVA and the Said family.

BBVA owns 68.19% of BBVA Chile and the Said family owns 31.62% of BBVA Chile. Scotiabank has offered to acquire BBVA’s interests in BBVA Chile, and certain subsidiaries, for approximately US$2.2 billion (CAD$2.9 billion).

This transaction is in line with Scotiabank’s strategy to increase scale within the Chilean banking sector and the Pacific Alliance countries. It will double Scotiabank’s market share in Chile to approximately 14%, and make Scotiabank the 3^rd largest non-state owned bank in the country.  If the transaction is completed, Scotiabank’s Common Equity Tier 1 capital ratio will be impacted by approximately 100 basis points.

Pursuant to the mandatory tender offer for all the shares of BBVA Chile required under Chilean law or the Said family’s tag-along rights under the shareholders agreement of BBVA Chile, the Said family has the right to sell its shares of BBVA Chile on the same basis to Scotiabank.  Scotiabank’s Common Equity Tier 1 capital ratio would be impacted by approximately 135 basis points, if the transaction is completed and the Said family tenders/sells all of its shares to Scotiabank.

About BBVA Chile and Scotiabank Chile (September 2017 and in Canadian dollar equivalent):

About Scotiabank
Scotiabank is Canada’s international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. We are dedicated to helping our 24 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 88,000 employees and assets of over $906 billion (as at July 31, 2017), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

TORONTO, May 31, 2013 /PRNewswire/ – Scotiabank Chief Executive Officer Rick Waugh today announced his intention to retire as CEO effective November 1, 2013 after 10 years in the role and 43 years with the Bank.  He will remain a Director of the Board and assume the role of Deputy Chairman of the Bank until January 31, 2014.

(Photo: http://photos.prnewswire.com/prnh/20130531/LT23880 )

The Board of Directors has appointed Brian Porter to the role of President and Chief Executive Officer effective November 1, 2013.  Brian was appointed to the role of President on November 1, 2012, and just prior to that was Group Head, International Banking, overseeing all of the Bank’s personal, small business and commercial banking operations in more than 55 countries outside of Canada. Brian was also Scotiabank’s Group Head of Global Risk Management and Treasury.   He joined Scotiabank in 1981, and has held a variety of other management positions, including Deputy Chairman of Global Banking and Markets.

“Rick Waugh has guided Scotiabank through a period of tremendous growth, generating exceptional returns for shareholders and employees during some very turbulent times. His focus on customers, diversification, emerging markets and risk management along with his strong values, has shaped the growth and direction of the Bank over the last ten years,” said John Mayberry, Chairman of the Board.

The Board expressed its confidence in Brian Porter appointing him President in November 2012.  Mayberry added, “We are pleased to take the next step in succession today by confirming him in the role of President and CEO effective November 1, 2013.   Brian has a tremendous range of experience across the Bank, including the critical role of Chief Risk Officer. The Board is confident in Brian’s ability to continue to produce strong results and build on the straightforward and proven business model that has worked so well for customers, shareholders and employees.”

“I want to congratulate Brian Porter on his appointment to President and Chief Executive Officer,” said Rick Waugh, CEO, Scotiabank.  “He has had an exceptional career at Scotiabank.  Brian and the management team bring the right experience, values and culture to ensure our Bank’s continued success.”

“It is a distinct privilege to have been entrusted with the role of President and Chief Executive Officer, and I would like to thank the Board of Directors and Rick Waugh for their confidence in my ability to continue to deliver superior, consistent and predictable results for all of our stakeholders,” said Brian Porter, President, Scotiabank.

Scotiabank is a leading multinational financial services provider and Canada’s most international bank. With more than 83,000 employees, Scotiabank and its affiliates serve some 19 million customers in more than 55 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. In December 2012, Scotiabank became the first Canadian bank to be named Global Bank of the Year and Bank of the Year in the Americas by The Banker magazine, a Financial Times publication. With assets of $754 billion (as at April 30, 2013), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com.

For further information:

Diane Flanagan [email protected] (416) 933-2176
Ann DeRabbie [email protected] (416) 933-1344

The Bank teams up with SickKids to support telemedicine program

TORONTO, March 14, 2013 /PRNewswire/ – Today, through Scotiabank’s global philanthropic program, Bright Future, the Bank announced a pledge of $1 million to support the Caribbean-SickKids Paediatric Cancer and Blood Disorders Project. These funds will be used to support the project’s telemedicine programs in Barbados, Jamaica, St. Lucia, St. Vincent and the Grenadines, Trinidad and Tobago, and The Bahamas.

The telemedicine element of the project will allow physicians in the Caribbean to connect directly with leading paediatric cancer and blood disorder experts at SickKids. As well, physicians specializing in areas other than cancer and blood diseases can also connect with both Caribbean and international colleagues, enhancing their ability to diagnose and care for Caribbean children. The goal of this project is to expand access to world-leading medical professionals allowing children to get the best care possible in their own country.

“The Caribbean is a big part of Scotiabank’s history and our future. This donation and our partnership with SickKids are directed at giving the next generation a better chance of growing up healthy and making their contribution to the Caribbean,” said Sabi Marwah, Scotiabank Vice Chairman and Chief Operating Officer. “Supporting our communities through the Bright Future program is a big part of Scotiabank’s culture and our way of giving back to the network of 55 countries we call home.”

Through SickKids Foundation, Scotiabank also previously pledged $1 million to the International Patient Program.

“We are grateful for Scotiabank’s generous support of the telemedicine element of the project,” said Ted Garrard, President and CEO, SickKids Foundation. “Too often, children in the Caribbean succumb to cancer because the proper diagnostics and treatments are not available. This gift will help build capacity for these Caribbean countries to more effectively diagnose and treat children.”

In the Caribbean, there is often a combination of factors that negatively impact on the ability to deliver clinical care, including: a lack of medical professionals with specialized training in paediatric cancer care; limited technological resources which often prohibits proper diagnoses; few nurses and pharmacists able to provide specialized front-line health care; and limited data on the effectiveness of treatments and epidemiology of paediatric cancer. Working with local hospital partners in the Caribbean, the Caribbean-SickKids Paediatric Cancer and Blood Disorders Project includes a five-year plan to address the region’s gaps in research, care and education in order to advance the diagnosis and management of paediatric cancer and blood disorders.

Elements of this five-year plan include using telemedicine, physician envoys, and the SickKids International Learner Programme to provide customized, hands-on training to local individuals, establishing and maintaining a patient registry to provide high-quality data and key outcomes, and increasing the knowledge of primary care practitioners and pharmacists in the region to improve cancer care access. Trainees will also travel from the Caribbean to SickKids on a regular basis for hands-on training and experience within the Garron Family Cancer Centre at SickKids.

For more information on the Caribbean-SickKids Paediatric Cancer and Blood Disorders Project, please visit www.sickkidsfoundation.com/caribbean. To watch a video about the Project, please visit: http://www.youtube.com/watch?v=xvntNAnvuSY.

About SickKids Foundation
Established in 1972, SickKids Foundation raises funds on behalf of The Hospital for Sick Children (SickKids) and is the largest charitable funder of child health research, learning and care in Canada. Philanthropy is a critical source of funding for SickKids — one of the world’s foremost paediatric health-care institutions. For the fiscal year ending March 31, 2012, SickKids Foundation made an investment of $61.3 million in children’s health, a direct result of community and corporate support. For more information, please visit www.sickkidsfoundation.com.

About Scotiabank
Scotiabank is committed to supporting the communities in which we live and work, both in Canada and abroad, through our global philanthropic program, Scotiabank Bright Future.  Recognized as a leader internationally and among Canadian corporations for our charitable donations and philanthropic activities, Scotiabank has provided on average approximately $47 million annually to community causes around the world over each of the last five years. Visit us at www.scotiabank.com.

For media enquiries:

Scotiabank
Paula Cufre, Scotiabank Media Communications, 416-866-4833 or
[email protected]

SickKids Foundation
Janessa Bishop, Media Relations; 416-813-2944;
[email protected]