KINGSTON, Jamaica — In response to the widespread devastation caused by Hurricane Melissa, Scotiabank has announced a contribution of CAD$400,000 (approximately J$48 million) to support relief and rebuilding efforts across Jamaica.

The Scotiabank Foundation says it is also committing to provide funding of J$100 million towards the island’s recovery efforts and supporting the island’s economic resilience. The funds will be directed to trusted organisations actively providing aid to affected families, communities and Jamaica’s rebuilding efforts.

In addition, Scotia Group staff members are also organising the donation of care packages to affected communities valued at almost J$12 million, while the bank has committed to matching staff donations up to CAD$50,000 (J$6 million).

In all, Scotia’s initial financial commitment to the national recovery effort totals approximately J$165 million.

Audrey Tugwell Henry, President and CEO, Scotia Group Jamaica, shared her concern for those affected.

“The devastation caused by Hurricane Melissa has been immense, with many of our clients, employees, and communities facing significant losses,” Tugwell Henry said.

“At Scotiabank, we are deeply committed to helping Jamaica rebuild even stronger,” she continued, adding, “Together with our partners, we will continue to support the national recovery efforts and stand with those who are now beginning the difficult process of rebuilding their lives.”

In addition to the bank’s immediate relief contribution, Scotiabank has confirmed that further announcements will be made in the coming days regarding its customer assistance programmes designed to provide financial relief to affected clients.