OFG Bancorp Acquires Bank of Nova Scotia’s Puerto Rico and USVI Operations

Posted on 06/28/2019


On June 27, 2019, OFG Bancorp (Oriental Bank) disclosed that is acquired Bank of Nova Scotia’s Puerto Rico and U.S. Virgin Islands operations for US$ 560 million in cash. The Puerto Rico operations (Scotiabank de Puerto Rico and Scotiabank Puerto Rico Branch) were sold for US$ 550 million, while the U.S. Virgin Islands branches were […]

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