In return for the transfer of operations, Scotiabank will gain around a 20% stake in Colombia lender Davivienda.

THE Bank of Nova Scotia (Scotiabank) has announced plans to exit its operations in Colombia, Costa Rica, and Panama, ...

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. It marks ...

On the back of recent data and the 9.5% minimum wage hike, Scotiabank now estimates that headline inflation will end 2025 at 4.5% y/y, up from their previous 3.9% forecast. They also consider the ...

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.

Scotiabank has finalized an agreement to transfer its banking operations in Colombia, Costa Rica, and Panama to Colombian ...

CEO Scott Thomson’s next challenge is to offer investors specifics about its Mexican operations in light of President Claudia ...

Twenty others have been injured, according to William Villamizar, governor of North Santander, where many of the killings ...

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 ...

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 ...