Scotiabank Sets Earnings Target for 4 Latin American Nations

Updated on
  • Growth planned for Mexico, Chile, Peru and Colombia units
  • Bank in position to react on industry consolidation, CEO says

Bank of Nova Scotia, Canada’s third-largest lender by assets, aims to increase earnings by as much as 11 percent in four key Latin American countries within three to five years by adding more customers, embracing technology and cutting costs.

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