Tag: Belize Bank

Caribbean Investment Holdings signs agreement to acquire Scotiabank’s Belize banking operations

Caribbean Investment Holdings Limited has reached an agreement for the purchase of Scotiabank (Belize) Ltd. (SBL) from Scotiabank Caribbean Holdings Ltd., for an initial purchase price of up to US$30.5 million. Scotiabank Caribbean Holdings is a subsidiary of The Bank of Nova Scotia (BNS). The acquisition is subject to regulatory approval and customary closing conditions. The acquisition will be effected pursuant to a share purchase agreement among the Company, the Seller and BNS dated 19 June 2020. Under the terms…

Caribbean Association of Banks