TORONTO, Feb. 24, 2012 /CNW/ - This evening Scotiabank celebrated 100
years of doing business in the heart of Toronto's Greektown at the
southwest corner of Danforth and Pape Avenue. As customers and city
dignitaries gathered to honour the past, Scotiabank gave a peek into
the future by unveiling renovation plans for the branch.
"This branch has worked with its customers through two world wars, the
highest and lowest of economic times and technological changes that
have revolutionized banking services," said John Doig, Senior
Vice-President of Scotiabank's Toronto Region. "We're very proud to
have been a fixture at the corner of Pape and Danforth for a century
and we look forward to our continued role in the heart of Toronto's
As the Metropolitan Bank - Scotiabank's amalgamated bank - the branch
opened its doors to the public on February 23, 1912. Today, the
Danforth and Pape branch has a team of 14 people serving the needs of
customers and the community. The branch has also seen a number of
physical changes over the years, with the latest set to take place over
the spring and summer of 2012. Throughout the renovations, customers
will enjoy access to all their banking needs at the Scotiabank branch
across the street at 661 Danforth Avenue.
"As you can imagine, ten decades have seen tremendous change in our
business, but this branch has remained a constant and important part of
our service to the community around us," said Christine Williams, Vice
President of Scotiabank's Toronto East District. "On behalf of
Scotiabank, I would like to thank our customers and our employees for
their ongoing support through the years and we hope to serve this
vibrant community for another 100 years."
Collectively and individually, the Scotiabank Danforth and Pape branch
and its employees have supported many local charities and community
initiatives over the years such as the United Way, Scarborough General
Hospital and the Don Mills Middle School Hockey Team. The branch was
also active in fundraising for the Hellenic Hope Foundation and
participated in the annual Danforth Dash Bed Race in support of Toronto
East General Hospital.
Scotiabank is one of North America's premier financial institutions and
Canada's most international bank. With more than 75,000 employees,
Scotiabank Group and its affiliates serve some 19 million customers in
more than 55 countries around the world. Scotiabank offers a broad
range of products and services including personal, commercial,
corporate and investment banking. With assets above $575 billion (as at
October 31, 2011), Scotiabank trades on the Toronto (BNS) and New York
Exchanges (BNS). For more information please visit www.scotiabank.com.
For further information:
Dimitri Nistas, Scotiabank Branch Manager, Danforth and Pape Branch, 416-465-3520 x4000 or email@example.com;
Patty Stathokostas, Scotiabank Media Communications, 416-866-3625, firstname.lastname@example.org.