Davivienda, Scotiabank and Colombia

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 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 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,
Ag Funder News6m
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.
Gulfbusiness.com on MSN1h
AIQ, Ecopetrol partner to support Colombia’s energy transition
With a growing presence in Latin America and a significant presence in the UAE, AIQ’s partnership with Ecopetrol offers the ...
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 ...
Colombia Is at Risk of Repeating Brazil’s Costly Fiscal Mistakes
Colombia and Brazil are both run by leftist presidents with ambitious social agendas. Now the neighboring Latin American ...
Americas Society1d
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 ...
DPA International on MSN4d
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 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 ...
Colombia superstar James Rodriguez to leave Rayo Vallecano after just five months
Rayo Vallecano made a splash in the transfer market this summer when they brought in the 2024 Copa America Player of the ...
ExplorersWeb on MSN4d
New Route on Colombia's Highest Peak
Three climbers have opened a new route on 5,740 Simon Bolivar Peak, Columbia's highest mountain. They climbed the 2nd-highest ...
StringersHub on MSN21h
Colombia: Near collision between motorcycle and biker in Bogotá, Colombia
On November 29, 2024, in Bogotá, Colombia, @jeisonvargas287 shared a video of a near collision between a motorcycle and a ...