New service launched by Scotiabank
On September 20, Scotiabank & Trust (Cayman) Ltd. launched Scotia Private Client Group in the Cayman Islands. This leveraged Scotiabank’s global operations offering private banking, investment advice, trust services and insurance.
The expansion of Scotiabank reflects its retail footprint in the region. The Bank has already launched Scotia Private Client Group services in the Bahamas. The announcement about the expansion in the Cayman Islands is the most recent in a set of Private Client Group launches planned by Scotiabank.
Farried Sulliman, managing director of Scotiabank & Trust (Cayman) Ltd., said that Scotiabank has served the customers’ needs in Cayman since 1968, and it is important for the Bank to provide services for more complex financial needs on an international level. Now this is possible.
Scotiabank is Canada’s most international bank and one of the premier financial institutions of North America. It serves approximately 12 million customers in some 50 countries all over the world.