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Scotiabank Launches Small Business Banking Programme In St. Lucia

Thursday, 22 October 2009
by Admin NDC

Scotiabank has announced the launch of an innovative Small Business Banking Programme design to meet the unique and evolving needs of local small and medium enterprises.

The Scotiabank Small Business Programme, which includes a dedicated sales force, has other notable features encompassing both day to day and borrowing needs. Along with revolving credit options through Overdraft Protection for Business and Credit Line for Business, Scotiabank is also leveraging the dominance of its Internet Banking channel with the introduction of Internet Banking Cash Management Services for Business. These programmes offer customers such services as information reporting and convenient electronic transfer payments.

"Our small business customers have told us they want to increase profitability, improve administration practices, manage cash flow and be able to reinvest in their businesses. Longer term goals include increasing staff, providing new products to customers and adding outlets and offices," said Chester Hinkson, country Head and General Manager of Scotiabank St. Lucia.

Scotiabank has been part of the Caribbean and Central America since 1889. It is now the leading bank in the region, with operations in 26 countries, including affiliates. The bank has some 12,081 employees in the region, serving more then two million customers, with 437 branches and 919 automated banking machines.

Scotiabank is one of North America's premiere financial institutions and Canada's most international bank.

Source: The Voice Newspaper

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