Scotiabank named Best Emerging Markets Bank for 2016 in The Bahamas

Nassau, The Bahamas, April 22, 2016 – Scotiabank has been recognized by Global Finance magazine as the Best Emerging Markets Bank in The Bahamas for 2016.

"We are very proud and honoured to have been recognized by Global Finance as the Best Emerging Markets Bank in The Bahamas," said Sean Albert, VP and District Head, Caribbean North, Scotiabank. "I would like to thank our employees for their dedication, enthusiasm and commitment to serving our customers and to our customers for trusting Scotiabank with their financial needs."

Scotiabank also received one of the Best Emerging Markets Bank award in Barbados, Costa Rica, Trinidad and Tobago, Turks and Caicos, and U.S. Virgin Islands

"The world's banks continue to deal with a number of headwinds – including geopolitical risk, volatile economic and market conditions and still-changing regulatory regimes," said Joseph D. Giarraputo, publisher and editorial director of Global Finance. "We honour those banks that excel at addressing the needs of their clients and have the deepest commitment to the market in which they operate, despite the uncertain conditions they face."

Global Finance editors, with input from industry analysts, corporate executives and banking consultants, selected the best emerging markets bank in the region and in 26 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products. In addition, a poll of Global Finance's corporate readership was conducted in order to increase the accuracy and reliability of the results.

Winners will be honoured at an Award Ceremony held during the IMF/World Bank Annual Meetings in Washington, DC on the morning of October 8 at the National Press Club.

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 23 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 89,000 employees and assets of $920 billion (as at January 31, 2016), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). Scotiabank distributes the Bank's media releases using Marketwired. For more information, please visit and follow us on Twitter @ScotiabankViews.