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Business
Scotia is Best Emerging Market Bank in Jamaica — Global Finance
Sunday, April 03, 2011
SCOTIABANK Jamaica has been named by Global Finance magazine as one of 23 "Best Emerging Market Banks in Latin America" in an exclusive survey to be published in the May 2011 issue.
"We are excited to receive this award which acknowledges our ongoing commitment to our customers and communities across Jamaica," said Bruce Bowen, president and CEO, in a press release on Friday.
"This recognition is a testament to the dedication, hard work and commitment of our employees to meet the needs of our customers and run a successful and sustainable business," he added
Global Finance editors with input from industry analysts, corporate executives and banking consultants selected the best emerging market bank in the region and in 23 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.
This is the eighteenth year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Asia, the Middle East and Africa, Latin America & the Caribbean and Central and Eastern Europe. "We remain in an unusually challenging environment for banks and their customers," says Joseph Giarraputo, publisher of Global Finance. "More than ever, customers are demanding superior competence from their banking partners. These are the banks best providing that competence."
1. Argentina: Banco Santander Rio
2. Barbados: Scotiabank Barbados
3. Belize: Belize Bank
4. Bolivia: Banco de Credito de Bolivia
5. Brazil: Itaú-Unibanco
6. Chile: Banco Santander Chile
7. Colombia: Bancolombia
8. Costa Rica: Scotiabank Costa Rica
9. Dominican Republic: Banco Popular Dominicano
10. Ecuador: Banco Pichincha
11. El Salvador: Banco Agrícola
12. Guatemala: Banco Agromercantil
13. Honduras: Banco Atlántida
14. Jamaica: Scotiabank Jamaica
15. Mexico: Banamex
16. Panama: Banco General
17. Paraguay: BBVA Paraguay
18. Peru: BBVA Banco Continental
19. Puerto Rico: Banco Santander Puerto Rico
20. Trinidad & Tobago: Scotiabank Trinidad & Tobago
21. Turks & Caicos: Scotiabank Turks & Caicos
22. Uruguay: Banco Santander Uruguay
23. Venezuela: BBVA Banco Provincial
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