1st Apr 2021 17:33
Caribbean Investment Holdings Ltd - financial services-focused investor - Completes acquisition of Scotiabank Belize Ltd from the Bank of Nova Scotia for USD20 million.
"The purchase of SBL provides a unique opportunity for CIHL to expand its existing banking operations in Belize and to capitalize on the significant synergies between the Company's current banking operations and that of SBL. SBL is an excellent strategic and cultural fit and will complement CIHL's overall business objectives," said Chair Peter Gaze.
Current stock price: 34.05 pence
Year-to-date change: down 14%
By Dayo Laniyan; [email protected]
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