Corporate Profile
Scotiabank provides a broad range of retail,
commercial, corporate, investment and international
banking services to millions of customers
around the globe. Through branches and
offices in some 50 countries, the 48,000
employees of the Scotiabank Group and its
affiliates deliver unparalleled service.
Since welcoming our first customers in
1832, Scotiabank has enjoyed continued
success
by building on traditional core strengths
- risk management, cost control, diversification,
customer satisfaction and great employees.
Our goal is to be the best Canadian-based
international financial services company.
Community
Involvement
We are also committed to helping
build the communities in which we do business
- in
Canada and around the world - by dedicating
both financial and human resources
to help meet today's social needs. In 2004,
the
Bank contributed more than $33 million
to numerous
organizations, including direct donations
and community support.
Our Core Businesses
Scotiabank has built
long-term value and recorded consistent
earnings growth by
building on its core strengths
and by executing exceptionally
well in its core businesses. These
include Domestic Banking (including
Wealth Management),
International Banking and Scotia
Capital.
Domestic Banking
Domestic Banking provides
a broad range of banking products and
services to
households and businesses across
Canada. These services
are offered through a national
network of
close to 960 branches and commercial
and business banking centres,
more than 2,500
ABMs, call centres, plus telephone,
wireless and Internet banking.
The Wealth Management Group -- which incorporates
the key
personal
investment
and advisory
activities within the Scotiabank
Group -- offers a comprehensive
range of
products and services. These
encompass retail
brokerage, mutual funds,
and private client services
(including personal trust,
money management and private
banking).
Scotia Capital Inc.
Scotia Capital manages
the Bank's global relationships
with large
corporate, institutional
and government clients,
marketing the
full capabilities of
the Scotiabank Group to
these clients. Scotia
Capital has recognized
strengths
in specialized and syndicated
lending, corporate debt
and equity underwriting,
mergers and
acquisitions, fixed income
and institutional equities
sales
and trading, foreign
exchange, derivatives
and precious metals products
and services. ScotiaMocatta,
the Bank's precious metals
business, is a global
leader in metals
trading and finance.
International Banking
Scotiabank provides
retail, commercial, corporate
and trade finance
services to clients around
the world through
branches, agencies, representative
offices, subsidiaries
and affiliates. Scotiabank
is the leading provider
of financial services
in
the
Caribbean, has
the broadest Asian
network of any Canadian
bank, and is active
in the Latin
American market through
subsidiaries in Chile,
Costa Rica, El
Salvador and
Mexico, and affiliates
in Peru and Venezuela.
e-Commerce/e-Banking at Scotiabank
Scotiabank
is committed to developing the
latest technologies
available
in the marketplace
today to offer
Canadians anytime anywhere
access
to their financial
services
using the method
of their choice.
In 2004, for
example, we launched
our
cross-border
debit service
for personal
banking customers,
allowing them
to
pay by
direct debit
and nearly one
million
merchant locations
in
the United States.
We also successfully
launched an online
wire payments
service that
allows business
customers
to transfer funds
globally from
their own offices.
Online Banking
