Colombia, Scotiabank and Davivienda

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 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, saying it will take an after-tax charge of C$1.4 billion ($980 million) as a result.
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 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 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 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,
UNICEF Support For Venezuelan Migrant Children In Colombia
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Legendary drug lord Fabio Ochoa is deported to Colombia and walks free after 20 years in US prisons
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German customs finds 153 kilograms of cocaine on ship from Colombia
German customs officers have found 153 kilograms of cocaine aboard a freighter arriving from Colombia at the North Sea port ...
Colombia superstar James Rodriguez to leave Rayo Vallecano after just five months
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Colombia says more time needed for visas with UK
Colombia's Ambassador to the United Kingdom Roy Barreras asked Home Secretary Yvette Cooper for a meeting to postpone the application of the visa requirement saying it was highly untimely to set ...
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Evangelical pastor, family members killed after church service in Colombia
A beloved Evangelical pastor and two family members were killed in northern Colombia while outside a restaurant after a ...
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New Route on Colombia's Highest Peak
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Colombia Swap Rates Jump as New Minimum Wage Fuels Fiscal Woes
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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 ...