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 ...

THE Bank of Nova Scotia (Scotiabank) has announced plans to exit its operations in Colombia, Costa Rica, and Panama, transferring these businesses to Banco Davivienda S.A. As part of the agreement ...

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 ...

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 ...

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 ...

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.

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% ...

Scotiabank is selling its holdings in Colombia, Panama and Costa Rica to Colombian bank Banco Davivienda as it looks to reorganize its Latin American businesses. (Credit: Cole Burston) The Bank of ...

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 ...

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