TORONTO, March 18, 2020 /CNW/ - Scotiabank announced
today additional measures to reduce and delay the transmission of
COVID-19 and to provide financial relief to those who need it
most.
Effective today, Scotiabank will offer assistance to customers
impacted by COVID-19 including mortgage payment deferrals of up to
six months. Scotiabank customers may also qualify for a variety of
other support measures and are encouraged to visit Scotiabank.com
to learn more. As every situation is different, Scotiabank is
committed to working with all our customers on a case-by-case basis
to help provide some relief for those who are suffering financial
hardships experienced as a result of COVID-19.
"As the impact of COVID-19 continues to be felt across our
communities, it brings me great pride to see our teams coming
together to support our customers and navigate through these
unprecedented times," said Dan Rees,
Group Head, Canadian Banking, Scotiabank. "While we are taking a
number of extensive precautionary measures to help slow the spread
of COVID-19, we remain ready to support our customers' banking
needs from coast to coast to coast and to provide relief measures
to those impacted by the virus."
In addition to mortgage payment deferral, Scotiabank is ready to
support Canadians experiencing financial stress due to COVID-19.
Customers and businesses are encouraged to visit Scotiabank.com or
talk to their Scotiabank Advisor or Relationship Manager to learn
about the relief options available.
Providing relief is an important step to support customers
during this evolving situation. Scotiabank is committed to working
with customers to help provide relief due to financial stress
caused by COVID-19 and is continually assessing what relief
measures are available.
Scotiabank also recognizes the importance of providing a safe
workplace for our invaluable employees throughout the Bank. With
guidance from Canada's public
health authorities, effective today, Scotiabank will be slightly
reducing branch hours and gradually closing select branches
temporarily to support industry-wide social distancing efforts. For
details on how this may impact your local branch, please visit
Scotiabank.com. Scotiabank recognizes the impact this will have on
our valued branch employees and commits to continue to compensate
our branch colleagues throughout the duration of these preventative
measures.
Scotiabank continues to support employees by taking the latest
precautionary measures to ensure that our workplaces, including
branches, remain as safe as possible for everyone. Scotiabank
continues to conduct frequent cleaning of branches every business
day, including sanitizing all surfaces and ensuring hand sanitizer
and wipes are available in-branch.
Scotiabank is here to help our customers navigate through this
uncertain time. We are pleased to offer a wide range of everyday
personal banking needs online, and customers are encouraged to sign
up for, and access, Scotia OnLine.
"These are unprecedented times and they call for Canadians to do
what we do best - work together, support one another, and put
people first," continued Rees. "We appreciate your business, and
particularly at this time, your patience, as our employees work
diligently to meet your needs."
More information can be found at Scotiabank.com.
About Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our
purpose: "for every future," we help our customers,
their families and their communities achieve success through a
broad range of advice, products and services, including personal
and commercial banking, wealth management and private banking,
corporate and investment banking, and capital markets. With a team
of approximately 100,000 employees and assets
of approximately $1.2 trillion (as
at January 31, 2020), Scotiabank trades on the Toronto
Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE:
BNS). For more information, please
visit http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
SOURCE Scotiabank