Bank of Nova Scotia (Scotiabank)

Bank of Nova Scotia, also known as Scotiabank is the next largest bank in the Big Five, and the second-oldest one in the group. Since being created in 1832, Scotiabank has positioned itself as "Canada's most international bank" as a result of acquisitions largely in Latin America and the Caribbean, as well as in Europe and portions of Asia. The bank is also a member of the London Bullion Market Association and participated in the 2016 London gold fixing. Furthermore, the bank has won numerous awards such as "Bank of the Year" (2005, 2007, 2008, 2009, 2010, 2013), and "Global Bank of the Year" in 2012 (Awarded by The Banker), just to name a few.

Bank of Nova Scotia has four main business lines including Canadian Banking, International Banking, Global Wealth & Insurance (GWI), and Global Banking & Markets. The bank offers a range of products and services including personal and commercial banking, wealth management, and corporate and investment banking.

According to the Canadian Imperial Bank of Commerce's "Annual Report 2021", the Bank of Nova Scotia has total assets of C$ 1,1 trillion, net revenue of around C$ 31.25 billion, and a market capitalization of C$ 110.89 billion. The bank has over 11 million customers in Canada, 10 million customers outside of Canada, 92,000 full-time employees, and over 900 branches in Canada.

Founded: 1832
Headquarters: Scotia Plaza, Toronto, Canada.
Website: https://www.scotiabank.com