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Colombia, Scotiabank and Panama
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.
Scotiabank To Transfer Banking Operations In Colombia, Costa Rica, Panama To Davivienda
Monday announced the decision to transfer its banking operations in Colombia, Costa Rica and Panama to Latin America-based Davivienda. In exchange for the transfer, the bank will receive a combination of newly issued common and preferred shares,
Scotiabank to sell 'troubled' operations in Colombia, Costa Rica and Panama
The Bank of Nova Scotia has signed an agreement to sell its operations in Colombia, Costa Rica and Panama as it looks to boost efficiencies and reorganize its Latin American businesses. The foreign operations will be transferred to Banco Davivienda SA,
Scotiabank obtains 20% stake in Colombia's Davivienda with operations handover
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. The move is part of Scotia's push to slim down operations in non-core markets,
Scotiabank Transfers Operations to Davivienda, Secures Strategic Stake
Scotiabank has entered into an agreement with Davivienda, transferring its banking operations in Colombia, Costa Rica, and Panama in exchange for a 20% ownership stake in the combined entity. This move aligns with Scotiabank’s strategic plan to enhance profitability and operational efficiency in its non-core markets,
StringersHub on MSN
2h
Colombia: German Shepherd chased by horse in Medellín, Colombia
On February 10, 2024, in Medellín, Colombia, @sawydoritos shared a video of a German Shepherd being chased by a horse. In the ...
Ag Funder News
2h
Can Colombia fulfill the promise of becoming an agrifoodtech powerhouse?
The agrifoodtech ecosystem in Colombia is at a key stage of transformation, says agrifoodtech accelerator Eatable Adventures.
1d
UNICEF Support For Venezuelan Migrant Children In Colombia
Colombia hosts more Venezuelan migrants than any other country in the region. UNICEF is there, helping children and ...
Gulfbusiness.com on MSN
3h
AIQ, Ecopetrol partner to support Colombia’s energy transition
AIQ’s partnership with Ecopetrol offers the company a unique opportunity to expand its AI-driven solutions to new markets ...
Americas Society
1d
Colombia’s First Unicorn Keeps Delivering
Rappi’s rise to a multi-billion-dollar company preparing for an IPO shows the potential for disruption in Latin America’s ...
1d
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, ...
newsbytesapp.com
2d
Exploring Colombia's vibrant wedding customs
Colombia, with its wealth of culture and traditions, holds a treasure trove of unique wedding customs. Brimming with colorful ...
12d
Colombia Swap Rates Jump as New Minimum Wage Fuels Fiscal Woes
Colombia’s swap rates surged across the curve following a surprisingly large minimum wage increase that added to expectations ...
1d
The Publishing Sector in Colombia: A Cultural and Economic Engine from the Land of Beauty, Presented by ProColombia
Colombia, the country of beauty, has established itself as a leader in the publishing sector in Latin America. According to ProColombia, its cultural wealth and diversity are reflected in the quality ...
Christian Science Monitor
1d
Can an unlikely love story overcome divisions in Colombia?
In Colombia, one couple’s love, across a political divide, offers hope for broader national reconciliation.
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Scotiabank
Davivienda
Latin America
Bogotá
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