By Finance Pulse in finance —

Scotiabank Transfers Latin American Operations to Davivienda

Scotiabank exits Colombia, Costa Rica, and Panama by transferring operations to Banco Davivienda SA, resulting in a C$1.4 billion after-tax charge.

A dynamic collage featuring the flags of Colombia, Costa Rica, and Panama alongside the logos of Sco
Scotiabank Transfers Latin American Operations to Davivienda

Bank of Nova Scotia is transferring its operations in Colombia, Costa Rica, and Panama to Banco Davivienda SA, incurring an after-tax charge of C$1.4 billion ($980 million).

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