trending Market Intelligence /marketintelligence/en/news-insights/trending/QGW0xkg-xCymDEQ92fWB0A2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Scotiabank Chile plans 250B pesos capital hike

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

The Evolution of ESG Factors in Credit Risk Assessment: Environmental Issues


Scotiabank Chile plans 250B pesos capital hike

Scotiabank Chile said it plans to increase its capital by about 250.00 billion Chilean pesos through the issuance of 735,294,118 new shares at 340 pesos each.

Shareholders of Bank of Nova Scotia's Chilean unit will vote on the proposal at an extraordinary meeting scheduled for Jan. 6, 2020.

The company did not specify how it plans to use the proceeds from the planned hike, However, CEO Francisco Sardón earlier said the company will implement a three-year plan to transform it into a fully digital bank.

As of Dec. 18, US$1 was equivalent to 752.31 Chilean pesos.