Scotiabank Named Best Consumer Digital Bank in North America

TORONTO, ON--(Marketwired - November 12, 2015) - Scotiabank has been named the Best Consumer Digital Bank in North America by Global Finance magazine. Scotiabank was the only Canadian bank to be recognized in the final round of Global Finance's Best Digital Banks of 2015.

"We are proud to be named the Best Consumer Digital Bank in North America. We have made significant investments in technology to better serve our customers and meet their changing expectations," said James O'Sullivan, Group Head, Canadian Banking at Scotiabank. "We will continue to innovate so we can provide a best-in-class customer experience."

Winners were selected by Global Finance based on strength of strategy for attracting and serving online customers, success in getting clients to use web offerings, growth of online customer base, breadth of products offered, evidence of tangible benefits gained from Internet initiatives, website design and functionality, and the overall strength of products and services.

Scotiabank is currently undergoing a digital transformation to better serve its customers, and recently announced the development of a new Digital Factory that will pursue, design and deliver digital innovations and solutions for the Bank's customers. Scotiabank, through its Digital Factory, will play a leading role in redefining banking for the digital age. Learn more about Scotiabank's Digital Factory.

"We are thrilled to be recognized as the Best Consumer Digital Bank in North America. It is a great validation of our strategic focus on digital transformation and the traction we are making, particularly with the recent launch of our Digital Factory," said Kyle McNamara, Executive Vice President and Co-Head, Information Technology at Scotiabank. "We understand how critical technology is to remaining competitive and to providing the best possible banking experience for our customers. We will continue to move the dial on what it means to serve customers in a digital economy."

Scotiabank has been consistently recognized as the Best Consumer Internet Bank by Global Finance since 2012, demonstrating its strength in digital banking. Last year, Global Finance recognized Scotiabank as the Best Consumer Internet Bank in Canada and Latin America, and the Best Corporate Institutional Internet Bank in Latin America.

About Scotiabank

Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia. We are dedicated to helping our 21 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 87,000 employees and assets of $863 billion (as at July 31, 2015), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). Scotiabank distributes the Bank's media releases using Marketwired. For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankNews.

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. Global Finance's audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management.

Its website -- GFMag.com -- offers analysis and articles that are the heritage of 28 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

Read the Global Finance press release for more information.

For media enquiries only:
Jessica Hooker-Okenwa
Public, Corporate and Government Affairs
Scotiabank
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