Scotiabank reaches new agreement to continue as Official Bank of Ottawa Senators

Pledges additional funding for community hockey in Ottawa

TORONTO, June 18, 2013 /CNW/ - Scotiabank today confirmed that it has reached a new agreement with Senators Sports & Entertainment to continue as the Official Bank of the Ottawa Senators. This announcement is concurrent with the news that there will be a transfer of the naming rights of Scotiabank Place in Ottawa. In signing the new agreement on "Official Bank" status, Scotiabank also increased its commitment to community hockey sponsorship in Ottawa.

"Today's announcement means that we will renew our relationship with the Ottawa Senators and build on some of the great work that we've done together as their Official Bank for the past seven years," said Duncan Hannay, Scotiabank Senior Vice-President Canadian Banking, Marketing. "Scotiabank's commitment to the community and to community hockey is part of our culture and along with this new agreement we will be increasing our support for local hockey in the Ottawa region.

"We look forward to offering popular programs that include Scotiabank Girls HockeyFest and Scotiabank Skater. As a founding member of the Sens Foundation, we will continue to support great charitable initiatives, like the Scotiabank Walk, Roll & Run for Roger's House held on Sunday. Scotiabank employees from 12 branches across the region raised more than $25,000 for this event. This is one of many initiatives that Scotiabank employees support and they have raised over $100,000 for Roger's House.

"In addition, Scotiabank will also make a new investment in community hockey in Ottawa. Effective immediately, we are pledging additional funding to support minor hockey in the Nation's Capital.  Some of these funds will support the Ottawa distribution of the Scotiabank Community Hockey Sponsorship Program. This program is available through Scotiabank branches from coast to coast and last year sponsored 4500 Canadian minor league teams, more than 250 of them in the Ottawa area."

"Scotiabank has been an outstanding partner since we first began working together in 2003," said Cyril Leeder, President, Senators Sports & Entertainment. "Together with Scotiabank, "Canada's Hockey Bank" we have brought many innovative programs to our fans and charitable partners and today's announcement means that this important and worthwhile work will continue."

Scotiabank remains committed to supporting Canadian hockey. We are Canada's Hockey Bank and believe that hockey enriches the communities where Canadians live and work. We are proud to partner with the NHL, NHL Alumni, CWHL, Winnipeg Jets, Toronto Maple Leafs, Calgary Flames, Ottawa Senators and Montreal Canadiens.

About Scotiabank
Scotiabank is committed to supporting the communities in which we live and work, both in Canada and abroad, through our global philanthropic program, Bright Future.  Recognized as a leader internationally and among Canadian corporations for our charitable donations and philanthropic activities, Scotiabank has provided on average approximately $47 million annually to community causes around the world over each of the last five years. Visit us at www.scotiabank.com.

SOURCE: Scotiabank

Media Contact: Ann DeRabbie, Scotiabank Media Communications, 416-933-1344