TORONTO, April 27,
2022 /CNW/ - Today, Scotiabank and CDSPI announce a
new five-year strategic agreement. Under this new arrangement,
Scotiabank will be the exclusive referral partner of CDSPI for
personal and business banking products and services to address the
unique banking needs of CDSPI clients.
CDSPI, a not-for-profit organization, is the leading provider of
insurance products, investment solutions and tailored financial
advice to dentists and dental students across Canada. Advisors provide expert advice and
financial planning for the dental community as a benefit of
membership in their dental association. This agreement further
extends CDSPI's commitment to the dental community with the
exclusive referral of a robust suite of banking solutions
specifically curated for dentists and dental students.
Through the Scotiabank Healthcare+ Dentist Banking Program,
students, practising, and retired dentists are eligible for
preferred benefits on a wide variety of personal and business
banking solutions and services that support dentists at all stages
of their career, from entering dental school, to starting or
expanding a practice, to planning for retirement. CDSPI will
continue to provide insurance, investment and private wealth
management advice and solutions to dental association members.
"We are thrilled to be teaming up with CDSPI to offer banking
solutions to address the unique financial needs of dentists who are
navigating complex business operations while providing an essential
healthcare service," said Jason
Charlebois, Senior Vice President, Small Business. "The
Scotiabank Healthcare+ Dentist Banking Program is designed to help
dentists and dental students at every career stage, alleviating
financial stress during their education and in practice, allowing
dentists to focus on providing quality care for their
patients."
"This agreement with Scotiabank gives CDSPI the opportunity to
refer banking products and services of a world-class banking
organization to members, while remaining under the CDSPI umbrella
of services with a broader suite of end-to-end financial solutions,
focused on dental professionals' needs," said Ed Dermit, President and CEO of CDSPI. "The
Scotiabank Healthcare+ Dentist Banking Program supports our mandate
to operate in the best interest of dentists, enhances our scale and
capabilities, and enriches our client relationships."
Scotiabank and CDSPI are committed to supporting Canada's dentists, through our combined
knowledge and experience, by providing tailored financial advice
and banking solutions specific to their needs.
About Scotiabank
Scotiabank is a leading bank in the
Americas. Guided by our purpose: "for every future", we help our
customers, their families and their communities achieve success
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 approximately 90,000 employees and assets of
approximately $1.2 trillion (as at
January 31, 2022), Scotiabank trades
on the Toronto Stock Exchange (TSX: BNS) and New York Stock
Exchange (NYSE: BNS). For more information, please visit
http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
About Scotiabank Healthcare+
Scotiabank has been
serving the professional segment in Canada with tailored solutions and services
for over 30 years. Our specialized program is designed specifically
to support the unique needs of healthcare professionals throughout
every stage of their career and life.
Our dedicated network of Healthcare Specialists and Advisors
deliver financial advice and solutions, tailored to the unique
needs of healthcare professionals across Canada.
About CDPSI
CDSPI is a not-for-profit organization
with the sole purpose of arranging programs for over 60 years to
benefit dentists who are members of CDSPI's member associations.
CDSPI Advisory Services Inc. provides dentists with stress-free
expert advice and leading insurance and
investment solutions, tailored specifically to the needs of
dentists. And because CDSPI only serves dental professionals, we
have a unique understanding of the dental community and their
financial priorities.
SOURCE Scotiabank