Scotiabank Trinidad and Tobago Limited, together with its subsidiaries, offers a range of banking and financial services to individuals and businesses in Trinidad and Tobago. The company operates in Corporate, Commercial, and Merchant Banking; Retail Banking; Insurance Services; and Other segments. It accepts various deposit products, such as saving accounts, business accounts, term deposits, and chequing accounts; and provides loans, including lines of credit, mortgage and construction loans, and credit line for business, as well as term, car, and student loans. The company also offers various financing products consisting of working capital, term financing, risk management, structured fina...
56-58 Richmond Street
Port of Spain,
Trinidad & Tobago
Founded in 1906
Scotiabank Trinidad and Tobago Limited Declares Interim Dividend and Special Dividend, payable on January 07, 2014
Nov 27 13
Scotiabank Trinidad and Tobago Limited declared interim dividend of $0.40 per share and special dividend of $0.30 per share. The dividend is payable on January 07, 2014, to the shareholders as on record date of December 09, 2013. The ex-date is December 05, 2013.
Scotiabank Trinidad and Tobago Limited Announces Board Changes
Sep 13 13
Scotiabank Trinidad and Tobago Limited announced that Mr. Claude Norfolk has resigned as a Director of the company effective September 1, 2013. Mr. Norfolk, formerly Head of the Caribbean Region for Scotiabank, Canada, resigned to take up another posting with Scotiabank Canada. Further to this Mr. Bruce Bowen was appointed to the Board of Directors of the company effective September 01, 2013. Mr. Bowen succeeds Mr. Norfolk as the Senior Vice President, Caribbean Region for Scotiabank, Canada.
Scotiabank Trinidad and Tobago Limited Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended July 31, 2013
Sep 10 13
Scotiabank Trinidad and Tobago Limited announced unaudited consolidated earnings results for the third quarter and nine months ended July 31, 2013. For the quarter, the company reported net interest income of $224,075,000 compared to $229,776,000 a year ago. Net Interest and other income was $324,732,000 compared to $325,270,000 a year ago. Income before taxation was $178,641,000 compared to $181,315,000 a year ago. Income after taxation was $134,433,000 compared to $136,718,000 a year ago. Earnings per share were 76.2 cents compared to 77.5 cents a year ago. Return on equity was 16.39% compared to 18.21% a year ago. Return on total assets was 2.87% compared to 3.15% a year ago.
For the nine months, the company reported net interest income of $667,200,000 compared to $691,726,000 a year ago. Net Interest and other income was $1,004,973,000 compared to $965,685,000 a year ago. Income before taxation was $532,226,000 compared to $525,079,000 a year ago. Income after taxation was $405,782,000 compared to $405,418,000 a year ago. Earnings per share were 230.1 cents compared to 229.9 cents a year ago. Return on equity was 16.93% compared to 18.60% a year ago. Return on total assets was 2.98% compared to 3.17% a year ago. Net cash from operating activities was $597,316,000 compared to $1,106,541,000 a year ago. Purchase of property, plant & equipment was $42,081,000 compared to $16,570,000 a year ago.