Scotia Group Jamaica Ltd 2024 AR2
The report highlights Scotia Group Jamaica Limited's financial and operational performance for the fiscal year 2024, marking its 135th anniversary of service in Jamaica. The company achieved a net income of $20.2 billion, representing a 17% increase year-over-year, driven by strong loan portfolio growth, particularly in residential mortgages and commercial loans. On the ESG front, the Group implemented its Environmental Risk Management Framework and participated in significant community initiatives, including the Great Mangrove Clean-Up and the Scotiabank Women Initiative, which fully disbursed its $3 billion special loan fund to support women-led businesses.
Company: Scotia Group Jamaica Ltd
Sector: Financials
Country: Jamaica
Year: 2024
Type: AR2
Pages: 103
Scotia Group Jamaica Ltd
Annual Report
The report highlights Scotia Group Jamaica Limited's financial and operational performance for the fiscal year 2024, marking its 135th anniversary of service in Jamaica. The company achieved a net income of $20.2 billion, representing a 17% increase year-over-year, driven by strong loan portfolio growth, particularly in residential mortgages and commercial loans. On the ESG front, the Group implemented its Environmental Risk Management Framework and participated in significant community initiatives, including the Great Mangrove Clean-Up and the Scotiabank Women Initiative, which fully disbursed its $3 billion special loan fund to support women-led businesses.
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Document Details
Report Year
2024
Reporting Period
Nov 1, 2023 - Oct 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Net Zero Target
Employees