Bank of Nova Scotia, a Fortune 500 company, is one of Canada's most important international banks and one of the most outstanding banking institutions in North America

Scotiabank is Canada's foremost international bank. With offices and offices in more than 50 countries, our 41,000 employees provide excellent service to our customers, making the company one of the preeminent banking institutions in North America.

Scotiabank is one of the largest financial institutions in North America, with total assets of $318 billion as of July 2005. It is also the most international bank in Canada. With 44,000 employees in 48 countries, the Scotiabank Group offers a wide range of services through a network of more than 1,800 subsidiaries and offices.

Scotiabank's core business includes domestic and international banking and wealth management. Scotiabank also has a responsibility to help contribute our financial and human resources in Canada and around the world to meet the needs of today's society.

Business activities in the Asia Pacific and China region are focused on commercial and corporate banking, treasury (foreign exchange and money markets), derivatives and structured financial products, and trade finance services that provide limited consumer banking services in selected markets. Through the Gold and Other Precious Metals division of Scotia Mocatta Bank, we also provide ingot services in the Asia Pacific and China regions.

Of all Canadian banks, Scotiabank has the largest share in Chinese mainland. They have representative offices in Beijing and Shanghai, as well as branches in Guangzhou and Chongqing, which handle both foreign and national currency operations.

In 2004, they acquired a minority stake in Xi'an City Commercial Bank, which was the beginning of a joint investment with the International Finance Corporation.