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Scotiabank consolidates Panamanian ops

Bank of Nova Scotia has consolidated its operations in Panama, under which its units in the country will now operate under the brand SCOTIABANK.

In a statement posted through Twitter, Scotiabank (Panamá) SA said the initiative is part of the group's integration process.

Meanwhile, banking regulator SBP approved the voluntary liquidation of Scotiabank (Panamá), commercially known as Scotiabank Transformándose, as part of the consolidation process.