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% stake ...

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. The move ...

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

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

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.

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 ...

As a result of the transaction in Latin America, Scotiabank will report an “after-tax impairment” loss of about $1.4 billion in the first quarter of 2025. “A 20 per cent stake in Davivienda is ...

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.

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.

Contact: +573102107084 187 results Scotiabank will hand over its operations in Colombia, Costa Rica and Panama to Colombian bank Davivienda, both parties said on Monday, in exchange giving ...

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% ...