SOURCE: Scotiabank

Scotiabank

October 05, 2015 10:45 ET

Scotiabank Statement on the Trans Pacific Partnership Deal

TORONTO, ON--(Marketwired - October 05, 2015) - Scotiabank (TSX: BNS) (NYSE: BNS) has issued the following statement from Brian Porter, President and CEO on the Trans Pacific Partnership deal.

"Scotiabank welcomes the successful conclusion of Trans-Pacific Partnership (TPP) trade negotiations and the benefits the TPP will bring to the Canadian economy. The TPP will be the largest regional trade agreement ever struck, covering nearly 800 million people with a combined GDP exceeding one quarter the size of the global economy. These were not easy negotiations, but being part of the TPP will have a lasting, and positive, impact on Canadian job creation and economic growth.

"Scotiabank is Canada's international bank, and has operations in ten of the twelve TPP countries. The TPP will enhance our ability to help Canadian and international customers take advantage of this new marketplace to grow their businesses and create jobs."

- Brian Porter, President and CEO, Scotiabank

About Scotiabank

Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia. We are dedicated to helping our 21 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 87,000 employees and assets of $863 billion (as at July 31, 2015), 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 @ScotiabankNews.

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