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Term Deposits
Risk-free investments that offer a guaranteed rate of interest and protection of your principal investment.
A range of terms from which to choose.
Investing
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The Scotiabank Step One Plan is a simple but powerful tool to help you get closer to reaching your financial goals.
Just by answering a few simple questions, you can get a better idea of where you stand today.
Wealth Management Services
Our new approach to wealth management addresses the entirety of your life, one facet at a time. It's your thinking, combined with our thinking, to create Enriched Thinking™.
The Bahamas' Deposit Insurance Corporation (DIC) is a public corporation, established under the Protection of Depositors Act, 1999.The DIC is managed by The Central Bank of The Bahamas (CBoB).
All licensed banking institutions, with Bahamian Dollar deposits, including Scotiabank (Bahamas) Limited, must have membership with the DIC. The DIC insures Bahamian dollar deposits placed with a member institution in any of its branches in The Bahamas. Its primary objective is to minimize or eliminate the risk of the loss of savings of Bahamian dollar deposits. Each eligible deposit in a member institution is insured up to a maximum of B$50,000 per depositor. This coverage insures both principal and interest for eligible deposits at each member institution.
Knowing that your deposits are protected should promote confidence and help to achieve the overall financial stability objective of the CBoB and licensed financial institutions like Scotiabank (Bahamas) Limited.
For more information follow The Bahamas' Deposit Insurance Corporation's link below:
http://www.dic.bs/
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