ScotiaBank’s Profit Dip Amid New Tax | Trinidad and Tobago News

Scotiabank Trinidad and Tobago’s nine-month results show a 15% drop in after-tax income to $449 million, hit by the new Total Asset Tax—but strong Q3 performance and growing retail loans signal resilience. Despite rising costs and economic headwinds, digital investments and customer trust are driving stability, with insurance and wealth now contributing 23% of net income. The bank remains focused on innovation and economic collaboration amid a challenging environment. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8a5618ff6ef44b86