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Tag: SCOTIABANK

Golf

Logan McAllister Captures Maiden Korn Ferry Tour Title at Astara Chile Classic

March 14, 2025March 14, 2025 - by Liam Nguyen - Leave a Comment

Logan McAllister won his first Korn Ferry Tour title at the Astara Chile Classic in Chile. He recorded a score of 19-under 265, overcoming a three-stroke deficit on the final …

Logan McAllister Captures Maiden Korn Ferry Tour Title at Astara Chile Classic Read More
Business / economics

Colombia’s Rising Inflation Challenges Interest Rate Cut Prospects

March 10, 2025March 10, 2025 - by Sofia Nawab - Leave a Comment

Colombia’s inflation rate rose to 5.28%, exceeding the central bank’s 3% target, complicating plans for interest rate cuts. This inflationary pressure may affect monetary policy and investor sentiment, as the …

Colombia’s Rising Inflation Challenges Interest Rate Cut Prospects Read More
Companies

Scotiabank Targets Growth in Brazil Amid Regional Restructuring

February 28, 2025February 28, 2025 - by Liam Nguyen - Leave a Comment

Scotiabank is restructuring its Latin American operations to enhance performance, with a renewed focus on Brazil under the leadership of CEO Scott Thomson. Following recent divestments in Colombia, Costa Rica, …

Scotiabank Targets Growth in Brazil Amid Regional Restructuring Read More
Business / Companies

Scotiabank Divests Troubled Operations in Colombia, Costa Rica, and Panama

January 6, 2025January 6, 2025 - by Liam Nguyen - Leave a Comment

Scotiabank has signed a deal to sell its operations in Colombia, Costa Rica, and Panama to Banco Davivienda for a 20% equity stake in the new entity. This move is …

Scotiabank Divests Troubled Operations in Colombia, Costa Rica, and Panama Read More
Business / Companies

Scotiabank Sells Latin American Operations to Banco Davivienda for Strategic Reorganization

January 6, 2025January 6, 2025 - by Liam Nguyen - Leave a Comment

Scotiabank has agreed to sell its operations in Colombia, Costa Rica, and Panama to Banco Davivienda, receiving a 20% equity stake in the combined entity. This strategic move aims to …

Scotiabank Sells Latin American Operations to Banco Davivienda for Strategic Reorganization Read More
Companies / economics

Colombia’s Central Bank Expected to Cut Interest Rate Amid Economic Uncertainty

December 20, 2024December 20, 2024 - by Allegra Nguyen - Leave a Comment

Colombia’s Central Bank Board is set to meet for its final 2024 session, where a 50 basis point cut in the benchmark interest rate to 9.25% is expected. This cut, …

Colombia’s Central Bank Expected to Cut Interest Rate Amid Economic Uncertainty Read More
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economics

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