Davivienda Bank, part of Grupo Bolívar, is the second largest bank by gross loans in Colombia, with a network of over 660 branches and nearly 2,700 ATMs in Colombia and at international subsidiaries.

BNS agrees to transfer its Latin American banking arms to Davivienda for a roughly 20% stake. This aligns with the bank's efforts to boost efficiency.

Campaign details. Brand: Davivienda BankBrand owner: Bolivar GroupEntrant company: Davivienda Bank - ColombiaIdea creation: Leo Burnett BogotáMarket: Latin AmericaSector: Financial servicesMedia ...

Scotiabank will hand over its operations in Colombia, Costa Rica and Panama to Colombian bank Davivienda, both parties said on Monday, in exchange giving Scotiabank a 20% stake in Davivienda.

The bank will post a loss of about $1.7-billion on the deal, which it expects to close in the next year, and take a 20-per-cent stake in Davivienda Skip to main content Search ...

BOGOTA/TORONTO (Reuters) -Scotiabank will hand over its operations in Colombia, Costa Rica and Panama to Colombian bank Davivienda, both parties said on Monday, in exchange giving Scotiabank a 20% ...