Scotiabank is proud to be the main sponsor of Chile Day 2024

Good afternoon everyone to this first session of Chile Day Toronto 2024.

It is an honor for me to open this important event for second year on behalf of Scotiabank, the main sponsor of this public-private initiative organized by the Chilean Ministry of Finance in association with the private corporation InBest, with the purpose of strengthening economic and financial relations between Chile and Canada. There is an extensive and relevant commercial relationship between both countries: Chile was the first Latin American nation to sign a Free Trade Agreement with Canada 27 years ago and Canada is currently the main foreign investor in Chile.

Scotiabank is once again supporting Chile Day in New York and Toronto, the city where our headquarters are located, because we trust in Chile. In a challenging global economic scenario, Chile has demonstrated to be a market with a serious institutional framework and democratic solidity, which distinguish it in Latin America.

We are a Canadian leading financial group, with more than 190 years of history, operations in 30 countries, more than 90,000 emloyees and $1.4 trillion in assets.

We have been present in Chile for 33 years and during this time we became one of the main Canadian investments and the third private bank in the local industry, thanks to a strong international franchise, our solid financial performance and a unique geographic footprint. In this way, we accompany our clients in different markets, with a remarkable knowledge of the region, outstanding cross-border capabilities and a wide array of banking products and services to corporate, commercial and retail customers, including wealth management, investment banking and capital markets.

I thank InBest and the Ministry of Finance for choosing us to be their partners in this important initiative to show the tremendous investment opportunities offered by Chile, a market with solid foundations on which to build long-term business relationships.

I invite you all to actively participate in this Chile Day where we all collaborate to open business opportunities and show the international community the resilience and strength that characterizes our country.

Thank you very much. 

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Scotiabank’s Diego Masola, EVP and Country Head of Scotiabank, Chile joined Mario Marcel, Chile Minister of Finance, Rob Peterman, Chief Commercial Officer at Toronto Stock Exchange and TSX Venture Exchange and other representatives to open the market and celebrate Chile Day, which is being hosted in Toronto on May 28-29, 2024.

Chile Day is an instance of public-private collaboration, with the objective to position Chile in international markets as a highly attractive country for financial investment, as well as a financial services platform for Latin America and emerging markets.

Good morning, everyone. 

It is my pleasure to be here on the last day of the 2024 Chile Day in New York.  

I would like to thank InBest and the Chilean Ministry of Finance for inviting me to join you today.  

Scotiabank is very proud to be the main sponsor of Chile Day 2024, for the second consecutive year.  

In December of 2023, our Bank unveiled a renewed strategy with a bold vision and ambition for our Bank: To be our clients’ most trusted financial partner, to drive sustainable, profitable growth and maximize total shareholder return.  

Key to delivering against this vision is maximizing our unique geographic footprint and our ability to deliver a consistent and connected value proposition across all of our markets.   

Chile is one of Scotiabank’s core markets for good reason. Its strong institutions and democratic society make it one of the most attractive countries in the region. We believe in Chile’s potential and in its important role as a driver of growth across Latin America.  

We are proud of the strong presence Scotiabank has built in Chile, with a well-known retail banking presence as well as a unique wholesale banking platform in the country. 

As one of the main banks and investors in Chile, Scotiabank is deeply committed to promoting Chile’s growth, strengthening the relationship between Chile, Canada and the U.S., and being a contributor to the positioning of the country on a global scale.  

Chile has long been a destination of choice for North American investment capital as well as for international investors. As we continue to focus on meeting more of our clients’ needs, Scotiabank is uniquely positioned to support our clients in seizing these opportunities with leading, innovative solutions; deep expertise of global and local markets; and seamless execution. 

On behalf of Scotiabank and Global Banking and Markets, we sincerely thank you for your partnership, and your ongoing trust in us. We hope to strengthen it even further in the future.