¹ú²úÓÕ»ó¸£Àû

It says the transaction also gives it the opportunity to participate in a business with a proven management team that will be well-positioned.

Davivienda has more than 50 years of experience with operations in Colombia, Costa Rica, El Salvador, Honduras, Panama and Miami.

Scotiabank 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.

It also estimates that it will take about $300 million in additional losses on closing, primarily relating to foreign currency translation losses.

This report by ¹ú²úÓÕ»ó¸£Àû was first published Jan. 6, 2025.

Companies in this story: (TSX:BNS)