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.
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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.
(RTTNews) - The Bank of Nova Scotia (BNS), Monday announced the decision to transfer its banking operations in Colombia, Costa Rica and Panama to Latin America-based Davivienda.