Scotiabank Jamaica Emerges as the National Winner of Euromoney Best Bank 2025 Award

Kingston, Jamaica (September 2, 2025) – Scotiabank has been named the best bank in Jamaica according to Euromoney Award for Excellence 2025. The Bank’s asset base grew by 6.1% to J$705

billion, supported by a 16% increase in its loan portfolio. Residential mortgages rose by 27%, personal and credit card loans by 13% and commercial loans by 12%. The Bank also maintained a non-performing loan ratio of 1.55%, well below the industry average of 2.4%, underscoring its robust credit risk management. And maintained a significant percentage of local market share with 25% in deposits and 22.6% in loans.

Euromoney is the definitive annual awards programme for the banking industry, celebrating the achievements of banks and bankers from across the globe, awarding banks from over 100 countries for 30 years.

“We are deeply honored to receive this prestigious recognition from Euromoney.  It affirms the strength of our strategic vision and the dedication of our team.   As we look ahead, our commitment remains resolute: to be our clients' most trusted financial partner.  We will continue to prioritize client primacy, implement enhancements that simplify the way clients engage with us and pursue sustainable growth and scale in Jamaica.  We extend sincere gratitude to our clients for placing their trust in us and to our team members whose unwavering pursuit of excellence continues to propel our business forward.  This award is a testament to their professionalism, and shared belief in our purpose", said Audrey Tugwell Henry, President and CEO Scotia Group Jamaica.

Scotiabank has assets of approximately $1.4 trillion (as at July 31, 2025) and is one of the largest banks in North America by assets.