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Scotiabank to Divest Latin American Operations to Enhance Focus on North America

January 6, 2025January 6, 2025 - by Victor Santos - Leave a Comment

The Bank of Nova Scotia has announced its intention to sell its operations in Colombia, Costa Rica, and Panama to Banco Davivienda in exchange for a 20 percent equity stake …

Business / Companies

Scotiabank Divests Operations in Latin America to Enhance Profitability

January 6, 2025January 6, 2025 - by Maya Chowdhury - Leave a Comment

Scotiabank has agreed to sell its operations in Colombia, Costa Rica, and Panama to Banco Davivienda in exchange for a 20% equity stake, aiming to improve efficiency and focus on …