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Scotiabank can count on some organic growth in countries such as Mexico because of its existing presence there.
Scotiabank can count on some organic growth in countries such as Mexico because of its existing presence there.
(Keith Dannemiller/Bank of Nova Scotia)

Scotiabank to boost expansion into Latin America

Bank of Nova Scotia is aggressively pursuing a second phase of international expansion, broadening the suite of products it offers in foreign countries to more closely mirror its operations at home.

Long regarded as Canada’s most international lender, with sizable personal and commercial banking operations in Latin America and Asia, Scotiabank is now doubling down in countries such as Mexico, Chile and Peru, expanding its capital markets and wealth management services.