Scotiabank is celebrating its 60th anniversary in The Bahamas. District Head and Managing Director Sean N. Albert notes that the bank’s presence in the jurisdiction started in 1956 with its first branch on Bay and Charlotte Street. It has been in the Caribbean for over 125 years and is considered Canada’s most international bank, with a footprint across some 55 countries.

Mr. Albert says, “Scotiabank is committed to The Bahamas, to providing comprehensive financial services, and being a good corporate citizen by helping Bahamians become better off.” He added that the institution has demonstrated its commitment to its communities for the long-term. “Over the years, Scotiabank in The Bahamas has evolved into a strategic network of branches and ATMs across the country, offering a complete range of retail, commercial and wealth products and services.” Reportedly, Scotiabank’s community donations have exceeded $300,000, while employees spend over 3,000 total hours volunteering their time and energy to charitable works.

Michael Halkitis, Minister of State for Finance, spoke at the kickoff celebrations, noting "Over the past few years we have all faced our challenges. We believe that we have come through tremendous challenges in relatively good shape, and believe that the future is indeed bright for this country, as we project that our country will begin to turn around and we will be able to see tangible benefits for our people."