Scotia Group Jamaica reported net income of $16.2 billion for the first nine months of its 2026 financial year, a 9.6 per cent increase over the corresponding period last year.
The company said total revenues, excluding credit losses, climbed 11 per cent to $56.4 billion, driven by strong growth in lending and higher fee income.
Customer deposits grew to $57.5 billion of 12 per cent year over year, while the loan portfolio expanded by 16 per cent.
The group's commercial banking segment recorded a 15 per cent increase in deposits as it continued to focus on deepening client relationships and supporting investment in the productive sectors.
Meanwhile, Scotia Investments Jamaica reported a 12 per cent increase in assets under management, while insurance subsidiaries recorded growth in growth-written premiums.
Scotia Group also said its proposal to privatise the company continues to move through the required court approval process.
An extraordinary general meeting has been scheduled for October 7 at the AC Marriott Hotel to consider the transaction.
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