Scotiabank has completed its acquisition of Citigroup 's retail and commercial banking operations in Panama and Costa Rica for approximately $ 360 m , to compliment its existing operations in the areas . Scotiabank distributes the Bank’s media releases using Marketwired. This move triples Scotiabank 's customer base in Panama and Cost Rica to 387,000 , and both banks will reportedly work together to ensure smooth transition for customers and staff during the integration process , which is expected to take 24 - 36 hours .
Scotiabank has completed its acquisition of Citigroup 's retail and commercial banking operations in Panama and Costa Rica for approximately $ 360 m , to compliment its existing operations in the areas . This move triples Scotiabank 's customer base in Panama and Cost Rica to 387,000 , and both banks will reportedly work together to ensure smooth transition for customers and staff during the integration process , which is expected to take 24 - 36 hours .