TORONTO (Commodity Online): Bombay Bullion Association --a major centre for gold and silver trading in India-- has chosen ScotiaMocatta as the “Best Bullion Bank” for 2010-2011.
It was announced by Scotiabank and the award was presented to ScotiaMocatta during the eighth annual India International Gold Convention held last week in Kerala, India. ScotiaMocatia has the award for the third year in a row.
"At ScotiaMocatta, we are honoured to receive this recognition from the Bombay Bullion Association (BBA) for a third year in a row - underscoring our ongoing dedication to our customers and the highest standards of excellence and position as a global leader in metals trading and finance”said Barry Wainstein, Vice-Chairman and Deputy Head, Global Capital Markets and Global Head, Foreign Exchange and Precious Metals, Scotia Capital.
“ScotiaMocatta distinguishes itself by building long-standing relationships with its clients through exceptional service, liquidity and competitive pricing. This client-focused operating philosophy is a cornerstone of our business.”He added
The Best Bullion Bank award recognizes ScotiaMocatta's ability to maintain a high standard of client service, a consistent supply of physical metals, a broad variety of competitive products and services, and unique expertise in bullion trading.
Award recipients are chosen through voting by a wide spectrum of wholesalers, retail jewelers and manufacturers in Maharashtra, India's third-largest state by area and second largest by population. Established in 1948, the BBA is one of the oldest associations of jewelers and traders and today comprises of more than a 1,000 members.
ScotiaMocatta, the precious and base metals division of the Scotiabank Group, is a global leader in metals trading and finance, with roots dating back to 1671.
Scotia Capital is the global corporate and investment banking and capital markets division of the Scotiabank Group.
