Scotiabank Commits J$165 Million for Hurricane Relief in Jamaica
KINGSTON, Jamaica — Scotiabank has pledged a total of approximately J$165 million to aid relief and recovery efforts following the extensive damage caused by Hurricane Melissa.
Financial Contributions and Support
- CAD$400,000 (about J$48 million) donated by the Scotiabank Foundation to assist relief and rebuilding initiatives across Jamaica.
- Additional J$100 million committed to back the island’s recovery and bolster economic resilience.
- Scotia Group employees are organizing care packages valued at nearly J$12 million for affected communities.
- The bank will match staff donations up to CAD$50,000 (J$6 million).
Distribution and Impact
Funds are being allocated to trusted organizations actively engaged in supporting affected families, communities, and Jamaica’s restoration efforts.
Audrey Tugwell Henry, President and CEO of Scotia Group Jamaica, expressed: “The devastation caused by Hurricane Melissa has been immense, with many of our clients, employees, and communities facing significant losses.”
In total, Scotiabank's initial financial commitment for the national recovery is about J$165 million, demonstrating its dedication to the island’s healing process.
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