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Awards for Excellence 2009: Jamaica

July 08, 2009
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Global Awards for Excellence
Latin American Regional Awards of Excellence
Bahamas Barbados Bermuda
Dominican Republic Jamaica Trinidad & Tobago
Costa Rica El Salvador Guatemala
Nicaragua Panama Argentina
Bolivia Brazil Chile
Colombia Ecuador Mexico
Paraguay Peru Uruguay
Venezuela

Best Bank: Scotiabank Jamaica

Scotiabank Jamaica has had another good year, and not just because its parent company has weathered the storm back in Canada. Its first-quarter net income this year was up 14% over the same period in 2008, with a return on equity of 25.3%. Deposits grew $7.4 billion in the first quarter, taking total deposits to $149 billion, reflecting confidence in the bank.

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