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    Election 2020

August 10,2020
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Friday 7 August, 2020

Ministry approves of Scotiabank's 'Bank with Confidence' initiative

The Ministry of Social Development and Family Services (MSDFS) is applauding Scotiabank T&T on its latest initiative entitled “Bank with Confidence” geared toward assisting the elderly.

The new information is a tool to guide senior citizens through all the possibilities that digital banking has to offer. It is also timely as July is celebrated as “Senior's Month” for Scotiabank, where the contributions of seniors are celebrated within communities.

According to Scotiabank, the resource is available on tt.scotiabank.com/seniors and will be particularly useful as customers continue to navigate the challenges presented by COVID-19 and its various measures for physical distancing.

“The bank acknowledges that senior citizens make up a large portion of its customer base and that their health and safety at this time are a major focus,” the MSDFS said.

It added that it was pleased with the “Bank with Confidence” initiative, as senior citizens comprise a major part of society, and are major stakeholders of the Ministry.

“Their invaluable lessons in ethics, morals and family values have undoubtedly impacted and shaped society’s norms, traditions and practice, leading to healthy functional families.”

“Now that they have become one of the most vulnerable groups in the national community, during the new normal, the MSDFS lauds Scotiabank’s commitment to developing initiatives to help them get their banking done remotely, reducing touchpoints so they can stay home and stay safe.”

Meanwhile, the Ministry also acknowledged the extra efforts being made by the entire financial sector to facilitate and accommodate the elderly during the COVID- 19 period and commended Commercial Banks in particular, for this step in the right direction.

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