• Short Name: Scotiabank

• Address: Blvd. Manual Avila Camacho #1, Col. Lomas de Chapultepec

• Phone: 52-55-52292735

• Fax: 52-55-57281388

• City: Ciudad de Mexico

• State: Distrito Federal

• Zip Code: 11560

• Country: Mexico

• Website: http://www.scotiabankinverlat.com/

• Regional Presence: Mexico

Description:

Canada's Bank of Nova Scotia (NYSE: BNS) acquired 55% of Mexican financial group Grupo Financiero Scotiabank Inverlat in 2001 from the government and bought another 36% in 2003. Grupo Financiero Scotiabank Inverlat owns a bank, an investment fund company and a stockbrokerage.

Last Update: Friday, August 22, 2008

Research by: María José Arredondo

Related News & Research:

Related News

• Scotiabank to open 50 branches in 2009 Bank 11/Nov/08 - Mexico
• HSBC, Scotiabank units report lower January-September net profits Bank 03/Nov/08 - Mexico
• Scotiabank leaves door open for more Mexican purchases Bank 30/Oct/08 - Mexico
• S&P cuts rating outlook on 5 banks Bank 07/Oct/08 - Mexico
• Scotiabank unit plans to gain 300,000 new clients a year Bank 07/Aug/08 - Mexico
• BBVA Bancomer places largest RMBS issue worth US$486mn Bank 06/Aug/08 - Mexico
• Scotiabank unit net profits down 14% in Q2 Bank 01/Aug/08 - Mexico
• Regulator considers allowing banks to issue covered bonds Bank 30/Jun/08 - Mexico
• Scotiabank unit's Q1 profits off slightly Bank 02/May/08 - Mexico
• Scotiabank unit sells RMBS for 1st time Bank 17/Mar/08 - Mexico

Related News & Research

Related News

• Scotiabank to open 50 branches in 2009 Bank 11/Nov/08 - Mexico
• HSBC, Scotiabank units report lower January-September net profits Bank 03/Nov/08 - Mexico
• Scotiabank leaves door open for more Mexican purchases Bank 30/Oct/08 - Mexico
• S&P cuts rating outlook on 5 banks Bank 07/Oct/08 - Mexico
• Scotiabank unit plans to gain 300,000 new clients a year Bank 07/Aug/08 - Mexico
• BBVA Bancomer places largest RMBS issue worth US$486mn Bank 06/Aug/08 - Mexico
• Scotiabank unit net profits down 14% in Q2 Bank 01/Aug/08 - Mexico
• Regulator considers allowing banks to issue covered bonds Bank 30/Jun/08 - Mexico
• Scotiabank unit's Q1 profits off slightly Bank 02/May/08 - Mexico
• Scotiabank unit sells RMBS for 1st time Bank 17/Mar/08 - Mexico
• Infonacot sells US$187mn consumer loan-backed bonds Bank 03/Mar/08 - Mexico
• Santander, Scotiabank units lose loan mkt share Bank 27/Dec/07 - Mexico
• Scotiabank unit to open 100 branches in 2008 Bank 07/Dec/07 - Regional
• Fitch ups Scotiabank unit to AAA Bank 03/Dec/07 - Mexico

Related Research Reports

• S&P: Outlooks On Six Largest Mexican Banks Revised To Positive From Stable
• Moody's assigns Aa3.mx to the State of Oaxaca Ps. $500 million bank loan
• Moody's assigned Aa2.mx and Baa2 ratings to Atizapan de Zaragoza (Mexico) bank loan
• Fitch incrementa calificación de Scotiabank Inverlat a 'AAA(mex)'
• Standard & Poor's: Scotiabank Inverlat S.A. Rating Affirmed; Outlook Positive
• World Bank - Foreign bank acquisitions and outreach : evidence from Mexico
• Fitch Ratings asignó su máxima calificación en escala doméstica a la primera bursatilización de hipotecas residenciales de Scotiabank
• Moody's Assigns a Rating of Aaa.mx to Scotiabank Inverlat's Certificados Bursátiles SCOTICB 08
• Moody's affirms Asigna's A1 issuer rating
• Standard & Poor's asigna calificación de 'mxAAA' a la emisión de certificados bursátiles bancarios de Scotiabank Inverlat

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