Davivienda, one of the most renowned banks in the Latin American region, has operations in Colombia, Costa Rica, El Salvador, Honduras, Panama and Miami. It caters to more than 24.6 million clients.

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% ...

The impairment loss relates to its deal to hand over its Latin American operations to Colombian bank Davivienda ...

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Costa Rica and Panama to Davivienda. Scotiabank reported net income of $993 million or 66 cents per diluted share for the quarter ended Jan. 31, down from $2.20 billion or $1.68 per diluted share ...

(Reuters) - Canadian lender Bank of Nova Scotia reported a fall in first-quarter profit on Tuesday, hit by an impairment loss stemming from its deal to hand over its Latin American operations to ...