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Scotiabank To Launch New Online And Mobile Banking Platform As It Celebrates Retail Banker International Award

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Scotiabank has received the Retail Banker International Award for Global Bank with the Best Digital Strategy for 2016.

Winners were honoured at an Award Ceremony in London, during the 2016 Retail Banker International Financial Innovation Conference last week. Scotiabank was also acknowledged as a finalist for two other categories including Best Use of Online Banking and Best Mobile Banking Strategy.

Senior Vice President, International Banking, Retail and Small Business, Stacey Madge says the company is honored to be recognized for its strategy to digitize and simplify banking for customers across Latin America, Central America and the Caribbean.

Madge says this award follows plans to launch a new online and mobile banking platform in Jamaica, Mexico, Panama and 20 other Caribbean countries to make it easier for customers to do business with the Bank.

The Move which is expected later this year and into the next will see Scotiabank offering enhanced and more personalized services to customers such as online advice, tools and pre-approved solutions.

These investments are part of a multi-country programme to increase primary customer relationships through online and mobile channels.

It comes on the heels of efforts by the company earlier this year to launch digital branches in Mexico City with tablets and mobile phones that enable customers to conduct their online and mobile banking, utilize tools to plan for their financial goals and provide feedback on their banking experience.

Scotiabank has also introduced tablets for mobile sales officers in Colombia and Chile with select countries in the Caribbean and Central America to follow later this year. These tablets will provide customers with a full digital experience, simplifying the application process while reducing the time to acquire products. Officer productivity is expected to improve by twenty percent.

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John Mahfood “I Listed on the JSE to Raise Capital for My Business”

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JSE Online Trading Platform

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Grace Stockholders To Vote On 3-for-1 Stock Split Today

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Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

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UK Loses S&P Triple A Rating

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The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

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Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

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Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.

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