The Bank of Nova Scotia, commonly known as Scotiabank, is a leading Canadian financial institution headquartered in Toronto, Ontario. Established in 1832 in Halifax, Nova Scotia, the bank has grown from a regional lender into one of Canada’s largest banks by assets. Scotiabank offers a full suite of financial products and services across retail banking, commercial banking, corporate and investment banking, wealth management, and capital markets.
Scotiabank maintains a significant international presence, operating in more than 55 countries with notable markets in Canada, Latin America, the Caribbean, the United States, and parts of Asia-Pacific. This global footprint enables the bank to serve over 25 million customers, providing cross-border solutions for individuals, small and medium-sized enterprises, and institutional clients. The bank’s international operations emphasize emerging markets, where it seeks to capitalize on growth opportunities and diversify revenue streams.
In its retail and commercial divisions, Scotiabank offers traditional branch and ATM services alongside a comprehensive digital banking platform. Clients can access checking and savings accounts, mortgages, personal and auto loans, credit cards, and insurance products. On the corporate side, the bank provides treasury and cash management, trade finance, foreign exchange, and advisory services. Wealth management offerings include investment advisory, private banking, trust and estate planning, and portfolio management.
Leadership at Scotiabank is led by President and Chief Executive Officer Scott Thomson, who has overseen the bank’s strategic priorities since 2018. Under his guidance, the institution continues to focus on digital innovation, operational efficiency, and sustainable growth. The bank’s governance structure comprises an experienced board of directors and executive management team dedicated to upholding risk management, regulatory compliance, and long-term shareholder value.