Belize City- Scotia Bank Belize has announced the impending closure of 2 of the Bank’s smaller branches in the country, namely their branch in Spanish Lookout and their branch in Placencia. The Spanish Lookout branch will be closing per April 20th, 2018, while the one in Placencia will be operational till June 22nd of this year.
“Like any organization, Scotiabank continuously reviews its operations on a local and global scale to ensure we meet the needs of our customers while maximizing operational efficiencies”, according to a statement by the bank. This review has lead to the conclusion that the two concerned branches are no longer viable.
According to the bank, they are now focused on helping customers who will be affected by the closure. After the closure of the two branches, Scotia Bank Belize will still have 9 operational branches in the county, while also offering services at 3 ATM-locations, namely at the University of Belize (UB), North Gas Station on the Philips Goldstone Highway and on Fadden Avenue in Stann Creek.
Scotiabank opened its first branch in Belize City in December, 1968. In the years thereafter, the Bank expanded to various other locations in the country. Scotiabank International had earlier announced it would close several branches around the world, 35 of which are located in the Caribbean.