Scotiabanks acquires 51% of Banco Cencosud’s shares in Peru - TheWorldTimesNow

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Saturday, March 9, 2019

Scotiabanks acquires 51% of Banco Cencosud’s shares in Peru

In the future both financial institutions will jointly manage credit card operations and offer other products and services to Peruvian customers The Canadian multinational Scotiabank announced last Friday that it completed the acquisition of 51% of the shares of the Chilean Banco Cencosud’s in Peru after receiving the approval from Peruvian authorities. Already in May 2018 Scotiabank, Canada’s international bank and a leading financial services provider in the Americas, announced to purchase a majority shareholding in the Chilean...

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