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,
Davivienda Will Take Over The Reins Of Scotiabank In Three Countries: Colombia, Costa Rica And Panama
Scotiabank becomes a shareholder, with approximately 20% of all Davivienda operations and participation in its board of directors. This was reported by several Colombian and Costa Rican media. This transaction not only represents one of the largest recent financial sector agreements,
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 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,
Venezuelan opposition leader rallies support in Panama ahead of Maduro inauguration
Self-exiled Venezuelan opposition leader Edmundo González is rallying regional support for the opposition's claims that he ...
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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When Bocas del Toro, Panama was part of Costa Rica
It’s a long and complicated story, but in summary: After Central American independence in 1821, Costa Rica — then part of the Federal Republic of Central America — occupied the area as part of its ...
Costa Rica Travel Safety Alert: Tourist Areas Report Rising Crime Rates
A report showed that several of Costa Rica's most favored tourist spots are also one of the most hazardous for guests. As per ...
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Tips: What's the Best Time to Travel to Costa Rica?
Costa Rica is a destination that truly embodies the essence of "pura vida," a phrase that not only reflects the warmth of its ...