SOURCE: Scotiabank

Scotiabank

June 24, 2016 06:00 ET

Scotiabank Charity Challenge Raises Over $50 Million for Local Canadian Communities

Runners at 6 Marathons Across the Country Set the Pace for Giving Back to the Community

TORONTO, ON--(Marketwired - June 24, 2016) - Since 2003, participants at six Scotiabank-sponsored road races from coast to coast have made every step of their run count, raising more than $50 million for local charities through the Scotiabank Charity Challenge. This turnkey fundraising program surpassed the $50 million mark thanks to continued efforts from races in Montreal, Halifax, Ottawa and Calgary so far this year, and in the lead-up to the Scotiabank Vancouver Half-Marathon and 5k this weekend.

The Scotiabank Charity Challenge launched in 2003 at the Scotiabank Toronto Waterfront Marathon as a way for runners to fundraise to support local charities. Every dollar raised goes directly to the charities. Scotiabank pays for all transaction fees, credit card fees and the cost of the fundraising platform.

Scotiabank proudly hosts a Scotiabank Charity Challenge at each of six sponsored race events across Canada each year including:

For links to Scotiabank's races and the charities supported by runners at each one, please visit the Scotiabank Marathons' page.

Quotes:

"On behalf of all of my colleagues at Scotiabank, I want to congratulate all participants who have run in the Scotiabank road races since 2003 and made every step count by signing up for the Scotiabank Charity Challenge," said Kyle McNamara, Executive Vice President and Co-Head Information Technology, Business Systems, and Executive Champion for Marathons at Scotiabank. "We encourage everyone to keep the fundraising going, and to work together to support local charities that have a significant impact on Canadian communities."

"We launched the Scotiabank Charity Challenge in response to runners who told us that they wanted to make their race more meaningful," said Jacquie Ryan, Vice President, Sponsorships at Scotiabank. "It has been an honour to witness the commitment and dedication of all participants -- both on the course and off -- as we have grown this fundraising program together."

About Scotiabank

Through our global community investment strategy, Scotiabank and its employees support causes at a grassroots level. Recognized as a leader for our charitable donations and philanthropic activities, in 2015, Scotiabank contributed $67 million to help our communities around the world.

Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. We are dedicated to helping our 23 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 89,000 employees and assets of $895 billion (as at April 30, 2016), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). Scotiabank distributes the Bank's media releases using Marketwired. For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

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