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Scotiabank revamps plan

Michael Stuart

Michael Stuart

Manager of the Bank of Nova Scotia at Haggatt Hall, Michael Stuart, has stressed that the bank’s professional business plan was not a new programme, but one that has been enhanced.

Stuart made this observation earlier this week while addressing professionals drawn from the medical, legal and dental professions at the Accra Beach Hotel and Spa, Christ Church.

He said: “Like with many things, with time and age we want to tweak it just to make it right but it doesn’t end there.”

Stuart explained that when they embarked on the programme they conducted research in the region, which informed the design of their professional offer.†He further explained that professionals were asking that financial institutions make their banking and financing simpler; save them time; give them more convenience so that they can spend more time caring for their patients and clients and also building their practice; provide investment options either locally or offshore; and provide assistance in their start-up phase to finance equipment.

The banking official gave the professionals present the assurance that their aim was to respond to their needs in every respect.

“At Scotia Bank we make it our business to help support your business. At Scotia Bank we will work with our professional customers to provide a range of solutions to their business and personal needs so that you can be better off financially.

“We know that you are building more than a practice, †you are building a business. We are asking that you give us the opportunity to assist in meeting your banking needs so that you can focus on building a rewarding profession and do what you do best, taking care of your patients and clients,” Stuart explained.

He pointed out that the Scotia plan was conceptualised for health care professionals and business professional, and stressed that there was a lot more to their practice than just looking after your patients and clients.

“We know that in addition to the specialised skills you bring to your clients, you have to look after other areas of your practice. For example, from managing the operation yourself, purchasing supplies, even equipment purchases and managing staff and their concerns.”

He told the professionals gathered that as Scotia professional plan customers they would enjoy higher borrowing limits up to $1 million; up to 100 per cent financing of equipment; flexible repayment options and competitive rates and fees. (NC)

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