September 5, 2017 |
Scotiabank is in talks with Spanish lender BBVA over the latter’s Chilean business, the Canadian bank said in a statement.
Toronto-headquartered Scotia said the talks at this stage were non-binding and exploratory, but a move for BBVA Chile would significantly bolster Scotia’s offering in the Pacific Alliance countries.
Scotia’s international banking units recorded $614m in net income at the end of Q3 this year, a 16% increase year-on-year, according to financial statements from the Canadian b
Canadian bank announces it is in non-binding and exploratory talks with the Spanish lender