ST. JOHN'S, Sept. 26 /CNW/ - Scotiabank today announced initiatives to support rebuilding efforts in Newfoundland and Labrador in the wake of Hurricane Igor.

"Our roots in Atlantic Canada are deep ones and our thoughts are with our customers and our communities in Newfoundland and Labrador as they rebuild in the wake of Hurricane Igor's destruction," said Rick Waugh, Scotiabank President and Chief Executive Officer. "We are proud to support that rebuilding effort."

Scotiabank has committed to working with individual customers and the greater Newfoundland community directly affected by the damage caused by Igor.

"Scotiabank has been part of Newfoundland and Labrador since 1894 and we will continue our long history of working with our customers and the greater community to help them through challenging times," said Peter Bessey, Scotiabank Senior Vice President, Atlantic Region. "We understand that those in our communities will have been greatly affected by Hurricane Igor and we will provide flexibility and options to help meet individual needs. Our commitment is to work with our customers on a case-by-case basis to find the best possible solutions."

Scotiabank also announced a $30,000 corporate donation to assist those in need.

Scotiabank is committed to supporting the communities in which we live and work, both in Canada and abroad. Recognized as a leader internationally and among Canadian corporations for its charitable donations and philanthropic activities, in 2009 the Bank provided about $39 million in sponsorships and donations to a variety of projects and initiatives, primarily in the areas of healthcare, education, social services and arts and culture. Visit us at www.scotiabank.com