Scotiabank’s Women’s Initiative in Mexico Focuses on Mentorship

Scotiabank has launched its global Women’s Initiative in Mexico, designed to support female clients across various sectors by ensuring equitable access to financial resources, education, and mentorship.

The program, which has already impacted over 39,000 women worldwide, is structured around three core pillars:

• Access to Capital and Tailored Solutions: Scotiabank offers customized banking solutions and advisory services for women-led small and medium-sized enterprises (SMEs).

• Specialized Financial Education: The initiative provides interactive financial education workshops to help clients enhance both personal and business financial management.

• Holistic Advisory Services and Mentorship: Personalized coaching and mentorship programs, lasting three to six months, empower women with the tools for professional and financial growth.

Fuad Juan, Deputy General Director of Retail Banking, Scotiabank Mexico, reaffirmed the bank’s dedication to diversity, equity, and inclusion. “Equity is one of the four pillars of Scotiabank’s strategy to create a more inclusive world for future generations,” he stated.

As part of the initiative, Scotiabank introduced the PyME Mujeres Package, a suite of preferential financial solutions tailored for women-led businesses. This package includes a business account, corporate credit card, payroll and collection services, and additional benefits. To incentivize new clients, the bank is offering up to three months of free service.

Lucía Mier, Director of Small Business Experience, Scotiabank Mexico, underscored the importance of female entrepreneurs in the nation’s economy. “Women lead about one-third of small and medium-sized businesses in Mexico, contributing nearly a quarter of the country’s GDP and generating millions of jobs. With the PyME Mujeres Package, we aim to accelerate the economic growth of female entrepreneurial talent nationwide,” she said.

Through this initiative, Scotiabank will provide support across its consumer, business, and corporate banking divisions.