STATEMENT: On The Sale of Banking and Insurance Assets by the Bank of Nova Scotia to Republic Financial Holdings and Sagicor Financial Corporation
December 5, 2018
CARICOM COMPETITION COMMISSION
The sale of banking and insurance assets by the Bank of Nova Scotia to
Republic Financial Holdings and Sagicor Financial Corporation
The Commission in its monitoring of business activity in the CARICOM Single Market and Economy (CSME), has taken note of the announcement on 28th November 2018 by the Bank of Nova Scotia (“Scotiabank”) of its intended transaction to sell banking assets in nine (9) English and Dutch speaking countries in the Caribbean.
For the full statement please click here.