Screen_Shot_2018-02-20_at_7.59.53_PMScotiabank Belize Limited made a public announcement yesterday informing the general public that it will be closing down two of the company’s branches effective June 22nd, 2018. These include the Spanish Lookout and the Placencia Branches. While no precise detail was provided in the release as to why the decision to shut down these two branches were made, Scotiabank indicated that similar to other organizations, the company continuously evaluates its operations from a local and global perspective so as to certify that the needs of customers are met while maximizing operational efficiencies.


The release also stated that Scotiabank is focused on guiding its customers throughout the transition process and that they are also providing support to all employees. However, there was no clarification as to whether or not the company is seeking accommodation for the employees at other operational branches across the country.


Viewers may recall that the Scotiabank Spanish Lookout Branch was robbed twice at gun point in broad daylight. The first reported incident occurred in January of 2010 which claimed the life of security guard, Steven Lopez, while the second armed robbery took place approximately four months ago in October of 2017. During the separate robberies, the thieves managed to make good their escape with an undisclosed amount of cash.

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