Scotiabank named as Guyana’s Bank of the Year by Financial Times publication

Scotiabank has been recognised as Guyana’s Bank of the Year 2024 by The Banker Magazine, a Financial Times publication, which is regarded as the industry standard for banking excellence. The Banker’s Bank of the Year Awards aims to recognise institutions that have grown while retaining a solid balance sheet, improved the quality of their service, invested in technology and considered their role within their local communities. In commenting on the Bank’s achievement, Country Manager of Scotiabank Guyana, Nafeeza Gaffoor, indicated “This has certainly been an exciting year for us and our clients. We introduced new products, services and tools, delivering an improved banking experience for clients and supporting them with getting their banking done faster and more conveniently.”

In a release on Monday, the bank said that notable highlights from this recognition include the launch of the new Scotia Caribbean app, which has biometric sign-in and a redesigned user experience and making secure mobile banking more accessible to clients 24 hours a day, seven days a week.
“The upgraded Scotia OnLine Banking platform, which now includes one-time password protection and expanded bill payment options to include local utilities and mobile money providers such as Mobile Money Guyana, GPL, GWI and Digicel; introduction of our proprietary application technology, which enables clients to accept and process payments through self-check and kiosk services, providing them with seamless, self-sufficient technology. Scotiabank is the only bank locally to have invested in its proprietary digital application,” the release stated. The Banker Magazine is the world’s longest running international banking magazine, recognised as a leading source of information on finance and investment around the globe. This year, Scotiabank was also named the Bank of the Year 2024 in Bahamas, Barbados Canada, Trinidad & Tobago and Turks & Caicos.