Dear Valued Customer,

We would like to inform you that Scotiabank has reached an agreement under which First Citizens Bank Limited will acquire Scotiabank’s banking operations in Guyana.

This agreement is subject to regulatory approval. You do not have to take any action as a result of this announcement. Until regulatory approval is obtained, customary closing conditions are met and the transaction closes, all operations will continue as usual.

First Citizens is one of the leading financial services groups in the English-speaking Caribbean. Headquartered in Trinidad and Tobago, First Citizens offers a full range of retail, corporate and investment banking services as well as wealth management, trustee and brokerage services to clients through its operations in Barbados, Costa Rica, St. Lucia, St. Vincent and the Grenadines and Trinidad and Tobago.

Scotiabank is pleased to have come to this agreement with First Citizens – a well-established financial services provider. First Citizens and Scotiabank both have a long-standing history of providing high quality products and services to their valued customers as well as a shared focus on serving customer needs and providing growth opportunities for our employees.

Once the transaction closes, First Citizens and Scotiabank will work together to make this transition as smooth as possible for all customers and employees.

We thank you for your valued business and providing us with the opportunity to continue serving your needs.

If you have any further questions regarding this change, please feel free to contact us at:

·       For customers in Guyana: 592-223-4357

·       Email: CustomerCareGY@scotiabank.com