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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.
In return for the transfer of operations, Scotiabank will gain around a 20% stake in Colombia lender Davivienda.
(TSX: BNS), commonly known as Scotiabank, announced an agreement to transfer its banking operations in Colombia, Costa Rica, ...
Bank of Nova Scotia agreed to transfer its operations in Colombia, Costa Rica and Panama to Banco Davivienda SA of Colombia, ...
(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.
Bank of Nova Scotia acordó transferir sus operaciones en Colombia, Costa Rica y Panamá a Banco Davivienda SA de Colombia, y dijo que, como resultado, asumirá un cargo después de impuestos de1.400 ...