Tag: Scotiabank

Scotiabank Completes Sale Of Its Banking Operations In USVI and Puerto Rico

SAN JUAN — Oriental Bank completed the acquisition of the Puerto Rico and U.S. Virgin Islands operations of Scotiabank on December 31, 2019. Upon closing, Scotiabank’s Puerto Rico and USVI operations will further strengthen Oriental’s position as the premier retail bank in Puerto Rico. Oriental will have a well-diversified loan portfolio totaling $7.2 billion, deposits […]