Best bank 2025: Scotiabank
Scotiabank has demonstrated its leadership in Jamaica’s financial sector, earning recognition as the country’s best bank 2025. The bank reported net income of J$20.2 billion ($126 million), a 17% increase year-on-year, driven by strong growth across its core business lines and prudent cost management, reflected in an improved cost-to-income ratio of 49.76%.
The bank’s asset base grew by 6.1% to J$705 billion, supported by a 16% increase in its loan portfolio.
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