Scotiabank named Caribbean’s Best Bank 2025

— Guyana among individual country winners

SCOTIABANK has been named the Caribbean’s Best Bank for 2025 by Global Finance Magazine, with the institution securing several individual country awards, including in Guyana.
Each year, Global Finance (New York) recognises the world’s top financial institutions, assessing them against a trusted standard of excellence.
According to Publisher and Editorial Director of Global Finance, Joseph D. Giarraputo, this year’s winners were selected based on their ability to meet customer needs in challenging markets, maintain strong results, and innovate for long-term success.

“Global Finance’s Best Bank Awards honour financial institutions that excel in diversity of offerings, long term stability, and technological innovation.
“The winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult markets and accomplished strong results while laying the foundations for future success,” Giarraputo said.

Meanwhile, Country Manager for Scotiabank Guyana, Nafeeza Gaffoor, welcomed the recognition, praising the hard work of the bank’s employees and reiterating its commitment to clients.
“We are excited by this recognition as it shows that we are making progress against our strategy. The award reflects the hard work and dedication of our team and all that we are achieving together as we create value for our clients.

“Our strong performance and introduction of innovative digital enhancements has enabled us to lead the local market. We remain focused on deepening client relationships, leading with advice and following with solutions, as we build high- quality experiences,” Gaffoor stated.
The latest accolade follows Scotiabank Guyana’s success in December 2024, when it was named Bank of the Year 2024.

As part of its strategy to make banking easier for its clients, Scotiabank has recently introduced several digital innovations.
These include the redesigned Scotia Caribbean App, offering customers 24/7 banking access from their mobile devices, and an enhanced Scotia OnLine Banking platform, featuring one-time password protection and expanded bill payment services.

The bank has also advanced its merchant services, developing a proprietary application to integrate unmanned payment solutions and kiosks.
In addition to Guyana, Scotiabank was also named Best Bank 2025 in the Bahamas, Barbados, Jamaica, and Turks & Caicos.

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