THE Bank of Nova Scotia (Scotiabank) has announced plans to exit its operations in Colombia, Costa Rica, and Panama, ...
In return for the transfer of operations, Scotiabank will gain around a 20% stake in Colombia lender Davivienda.
“(This) compares to the $1 billion (Scotiabank) paid to acquire its 51 per cent stake in the Colombian operation in 2012 and the US$360 million it paid to acquire its banking operations in Panama and ...
Scotiabank has finalized an agreement to transfer its banking operations in Colombia, Costa Rica, and Panama to Colombian ...
Scotiabank’s decision to offload its operations in Costa Rica, Colombia, and Panama comes as part of a broader strategy to focus on markets with higher stability and profitability. The bank’s ...
Scotiabank will hand over its operations in Colombia, Costa Rica and Panama to Colombian bank Davivienda, both parties said on Monday, in exchange giving Scotiabank a 20% stake in Davivienda. The move ...
CEO Scott Thomson’s next challenge is to offer investors specifics about its Mexican operations in light of President Claudia ...
The Bank of Nova Scotia (NYSE:BNS), known as Scotiabank, agreed on Monday to transfer banking operations of its Colombia, Costa Rica, and Panama businesses to Davivienda in exchange for an ~20% ...
BNS agrees to transfer its Latin American banking arms to Davivienda for a roughly 20% stake. This aligns with the bank's efforts to boost efficiency.
Scotiabank says it has signed a deal to sell its banking operations in Colombia, Costa Rica and Panama to Davivienda in exchange for a 20 per cent stake in the Colombian financial institution.
TORONTO - Scotiabank says it has signed a deal to sell its banking operations in Colombia, Costa Rica and Panama to Davivienda in exchange for a 20 per cent stake in the Colombian financial ...