Scotiabank (Bahamas) has been named Bank of the Year 2021 by globally renowned, UK Financial Times publication The Banker. Recognized as a trusted source of data and analysis for banking excellence, The Banker via the annual Bank of the Year awards, assesses banks on their ability to deliver results, improve strategic positioning and enhance service to customers. As with the 2020 awards, this year, banks were also judged on their response to the COVID-19 pandemic.
“It is truly an honor for us to be named Bank of the Year 2021,” said Managing Director, Roger Archer.
“Despite challenges brought on this past year by COVID-19, we have remained committed to delivering best-in-class banking services for our customers and in doing this, we have significantly accelerated our digital strategy in order to meet the evolving preferences,” said Archer commenting further.
“During this, our 65th anniversary, we are very proud of our current advancements and the opportunities that we are creating to offer more personalized services for our customers in the future,” he noted.
Scotiabank was awarded Bank of the Year Barbados 2021, Bank of the Year Cayman Islands 202 and Bank of the Year Turks and Caicos 2021.
The Banker is the world’s longest-running international banking magazine, providing economic and financial intelligence for the world’s financial sector. The Banker selects one winning bank for each of the 120 countries judged. Over 1,000 applications are collected each year and judges select winners based on which bank they believe has made the most progress over the past 12 months.