As part of the transaction, Mercantil Colpatria will sell its interest in Scotiabank Colpatria in Colombia. "With this agreement, we advance our execution plan towards sustainable and higher ...

Davivienda, one of the most renowned banks in the Latin American region, has operations in Colombia, Costa Rica, El Salvador, ...

As part of the transaction, Mercantil Colpatria SA will sell its interest in Scotiabank Colpatria SA in Colombia, the bank said.

BOGOTA/TORONTO, Jan 6 (Reuters) - Scotiabank will hand over its operations in Colombia, Costa Rica and ... the purchase of a 51% stake in Banco Colpatria in 2012 for $1 billion and $360 million ...

As part of the transaction, Mercantil Colpatria will sell its interest in Scotiabank Colpatria in Colombia. The transaction supports Scotiabank's operational efficiency efforts in its noncore ...

Scotiabank entered the Colombia market in 2012 when it bought 51% of Colpatria from GE Capital for around $500 million. In 2018, they added the Citibank Colombia portfolio. The Pachehco family, ...

Davivienda operates in Colombia, Costa Rica, El Salvador, Honduras, Panama and Miami. Scotiabank currently owns 55.98 per cent of Scotiabank Colpatria S.A. in Colombia. The remaining equity held ...

The Bank of Nova Scotia BNS or Scotiabank has agreed to transfer its banking operations in Colombia, Costa Rica and Panama to Davivienda. Further, Mercantil Colpatria will divest its stake in ...

BOGOTA/TORONTO (Reuters) -Scotiabank will hand over its operations in Colombia, Costa Rica and Panama to Colombian ... The lender built its presence through the purchase of a 51% stake in Banco ...

Scotiabank is selling its holdings in Colombia, Panama and Costa Rica to Colombian bank Banco Davivienda as it looks to reorganize its Latin American businesses. (Credit: Cole Burston) The Bank of ...

With this agreement, Scotiabank continues to execute against its five-year plan to improve profitability across its International Banking markets. This transaction is capital neutral overall with ...

Transfer of Colombia, Costa Rica and Panama businesses to Davivienda will create a bank with greater scale in each market. Scotiabank to receive an approximate 20% ownership stake in Davivienda on ...