Scotiabank, Panama and Colombia

Scotiabank hands over Colombia, Costa Rica, and Panama operations to Davivienda
In return for the transfer of operations, Scotiabank will gain around a 20% stake in Colombia lender Davivienda.
Scotiabank’s Strategic Shift: Selling Operations in Costa Rica,…
Scotiabank’s decision to offload its operations in Costa Rica, Colombia, and Panama comes as part of a broader strategy to focus on markets with higher stability and profitability. The bank’s international banking head, Francisco Aristeguieta, stated:
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 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 selling operations in Colombia, Costa Rica and Panama to Davivienda
The Canadian bank says it will take an after-tax impairment loss of approximately $1.4 billion in the first quarter of 2025 in connection with the deal.
Scotiabank to Transfer Latin American Banking Operations to Davivienda
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 Scotiabank Colpatria in Colombia as part of the deal.
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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, ...
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Tips: What's the Best Time to Travel to Costa Rica?
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Enphase Energy Expands in Latin America with Launch of IQ8 Microinverters in Colombia, Panama, and Costa Rica
IQ8 Microinverters are designed to maximize energy production and can manage a continuous DC current of 14 amperes, supporting higher-powered solar modules through increased energy harvesting. The ...
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A Costa Rican dance against colonialism becomes a paradoxical tourist attraction
Every year, in the Costa Rican village of Boruca, men dress in garish masks and costumes to reenact their ancestors' battle ...
Costa Rica hires Miguel Herrera as coach for 2026 World Cup qualifiers
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Avianca Announces Ticket Sales for Three New US Routes
Latin American airline Avianca, has launched ticket sales for three new direct routes: Fort Lauderdale to Medellin, Miami to ...