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March 28, 2015 7:23 AM ET

Banks

Company Overview of Scotiabank Trinidad and Tobago Limited

Company Overview

Scotiabank Trinidad and Tobago Limited, together with its subsidiaries, offers a range of banking and financial services to businesses and individuals. It operates through Retail, Corporate, and Commercial Banking; and Other segments. The company provides various banking products, such as business accounts, foreign currency business accounts, saving accounts, term deposits, age-based and specialty accounts, and checking accounts. It also offers personal loans, car loans, student loans, mortgages, and business term loans; direct deposits, overdraft protection, and safety deposit box services; credit cards; and investment products, such as mutual funds and gold certificates, and asset manageme...

56-58 Richmond Street

Port of Spain,  

Trinidad & Tobago

Founded in 1906

Phone:

868-625-3566

Fax:

868-627-5278

Key Executives for Scotiabank Trinidad and Tobago Limited

Scotiabank Trinidad and Tobago Limited does not have any Key Executives recorded.

Scotiabank Trinidad and Tobago Limited Key Developments

Scotiabank Trinidad and Tobago Ltd Approves Interim Dividend, Payable on April 8, 2015

Scotiabank Trinidad and Tobago Ltd. announced that the Board of Directors approved an interim dividend of 40 cents per ordinary share, payable on 8th April 2015 to shareholders on record as at 9th March 2015.

Scotiabank Trinidad and Tobago Limited Announces New Chairman to its Board of Directors, Mr. Brendan King

Scotiabank Trinidad and Tobago Limited announced a new Chairman to its Board of Directors, Mr. Brendan King. Mr. King was elected a Director and appointed Chairman, effective March 3, 2015. Mr. King is the Senior Vice President and Region Head, International Banking, Bank of Nova Scotia. He is responsible for Scotiabank's personal, commercial, wealth management and insurance operations in the Caribbean, Central America, Uruguay and Thailand. In addition, he has responsibility for retail and small business collections activities throughout the International Banking division.

Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended October 31, 2014

Scotiabank Trinidad & Tobago Limited announced unaudited consolidated earnings results for the fourth quarter and year ended October 31, 2014. For the period, the company reported net interest income of TTD 22,374,000 against TTD 922,3229,75916,000 a year ago. Total revenue was TTD 385,773,000 against TTD 372,989,000 a year ago. Income before taxation was TTD 204,145,000 against TTD 201,672,000 a year ago. Income after taxation was TTD 169,825,000 or 96.3 cents per share against TTD 153,467,000 or 87.0 cents per share a year ago. Return on equity was 19.92% against 19.14% a year ago. Return on total assets was 3.39% against 3.31% a year ago. For the year, the company reported net interest income was TTD 888,872,000 against TTD 896,959,000 a year ago. Total revenue was TTD 1,382,655,000 against TTD 1,347,880,000 a year ago. Income before taxation was TTD 715,509,000 against TTD 731,261,000 a year ago. Income after taxation was TTD 559,942,000 or 317.5 cents per share against TTD 557,271,000 or 316.0 cents per share a year ago. Net cash from operating activities was TTD 130,145,000 against TTD 1,295,459,000 a year ago. Purchase of property, plant and equipment was TTD 18,728,000 against TTD 48,458,000 a year ago. Return on equity was 16.38% against 17.33% a year ago. Return on total assets was 2.79% against 3.00% a year ago.

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