Canadian financial services company Scotiabank has signed an agreement to transfer its banking operations in Colombia, Costa Rica, and Panama to Davivienda. In return, Scotiabank will acquire a 20 ...

Scotiabank has finalized an agreement to transfer its banking operations in Colombia, Costa Rica, and Panama to Colombian bank Davivienda, securing a 20% stake in the combined entity. Despite the ...

Scotiabank entered Latin America with a $1 billion stake in Banco Colpatria in 2012, enough for a majority stake. Four years later they paid $360 million for Citibank’s operations in Costa Rica and ...

As part of the transaction, Scotiabank will take a 20% ownership stake in Davivienda, Colombia’s third-largest bank, which has operations in Costa Rica, El Salvador, Honduras, Panama and Miami.

“(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 ...

The Bank of Nova Scotia BNS or Scotiabank has agreed to transfer its banking operations in Colombia, Costa Rica and Panama to Davivienda. Further, Mercantil Colpatria will divest its stake in ...

BOGOTA/TORONTO, Jan 6 (Reuters) - 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 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 company.

(RTTNews) - The Bank of Nova Scotia (BNS), Monday announced the decision to transfer its banking operations in Colombia, Costa Rica and Panama ... expected to enhance Scotiabank's operational ...

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% stake in the Colombian financial institution. The Canadian ...