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Scotiabank’s growing digital engagement, process automation led to branch, staff reductions

Active mobile users rose 14%

Loraine LawsonbyLoraine Lawson
November 30, 2021
in All Posts
Reading Time: 2 mins read
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Accelerated customer adoption of digital channels and internal processes automation at Scotiabank this year led to an increase in efficiencies, as well as branch closures and staff reductions. The $917.5 billion bank reported a $98 million restructuring charge related to closing 10% of its branches and a reduction in full-time employees, mainly in the middle […]

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Tags: digital bankingearningsmobile appsPremiumprocess automationScotiabank
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