Davivienda, Scotiabank and Colombia

Scotiabank hands over Colombia, Costa Rica, and Panama operations to Davivienda
In return for the transfer of operations, Scotiabank will gain around a 20% stake in Colombia lender Davivienda.
Scotiabank to transfer some Latam banking operations to Davivienda
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 in the combined banking operations.
Scotiabank transfers some Latin American assets to Colombia's Davivienda for 20% stake
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 Scotiabank's latest move to refocus on its core markets.
Scotiabank Cedes Operations in Deal with Davivienda, To Take $1.7B In Losses
(TSX: BNS), commonly known as Scotiabank, announced an agreement to transfer its banking operations in Colombia, Costa Rica, and Panama to Davivienda, a prominent Latin
Scotiabank Transfers Latin American Operations to Davivienda for Strategic Stake
Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your
Davivienda Will Take Over The Reins Of Scotiabank In Three Countries: Colombia, Costa Rica And Panama
Scotiabank becomes a shareholder, with approximately 20% of all Davivienda operations and participation in its board of directors. This was reported by several Colombian and Costa Rican media. This transaction not only represents one of the largest recent financial sector agreements,
Scotiabank’s Strategic Shift: Selling Operations in Costa Rica,…
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 international banking head, Francisco Aristeguieta, stated:
Scotiabank To Transfer Banking Operations In Colombia, Costa Rica, Panama To Davivienda
(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.
Invest $17,000 in This Dividend Stock for $5,540.08 in Passive Income
Investing a $17,000 windfall in Canadian dividend stocks is a fantastic way to establish a stable source of passive income. Dividend stocks, especially those offered by Canada’s leading banks, provide ...
Scotiabank is rightly divesting inessential assets. Now it should offer clarity on managing risks in Mexico
CEO Scott Thomson’s next challenge is to offer investors specifics about its Mexican operations in light of President Claudia ...
Scotiabank to Take $980 Million Charge on Colombia Unit Deal
Bank of Nova Scotia agreed to transfer its operations in Colombia, Costa Rica and Panama to Banco Davivienda SA of Colombia, ...
Scotiabank to Take $980 Million Charge on Colombia Unit Transfer
Bank of Nova Scotia agreed to transfer its operations in Colombia, Costa Rica and Panama to Banco Davivienda SA of Colombia, ...