Antigua and Barbuda In Talks For Forty Percent Stake In Scotia Bank

first_img Belize PM concerned over Scotiabank sale – CARICOM… (Antigua News Room) The Antigua and Barbuda government says it has received ‘positive” feedback to a proposal that would allow it to own at least 40 per cent of the Scotiabank branch here, which is being sold as part of several branches in the Caribbean to a Trinidad and Tobago-based financial institution. Prime Minister Gaston Browne, speaking on his privately –owned radio station, said that his administration had put two options on the table with the Trinidad-based Republic Financial Holdings Limited (RFHL) regarding the sale. “Our first position is that Antigua and Barbuda consortium comprising the government and a group of domestic banks should be given the first option to buy the Antigua Scotia branch. Antigua, Guyana raise concerns regarding sale of Scotiabank(Barbados Today) — Two Caribbean Community (CARICOM) governments Tuesday expressed some unease at the announcement that the Canadian-based Bank of Nova Scotia had agreed to sell its operations in nine Caribbean countries to a Trinidad-based financial institution. The Antigua and Barbuda government Tuesday said it was “deeply disappointed” that the…November 28, 2018In “Antigua & Barbuda”Antigua still optimistic about sale of Scotiabank to local investorsST JOHN’S, Antigua (CMC) — The Antigua and Barbuda Government says it remains optimistic that an agreement could be reached regarding the sale of Scotiabank to a consortium of local stakeholders. Information Minister Melford Nicholas says while the Gaston Browne administration is maintaining its position regarding the sale of the…May 21, 2019In “Antigua & Barbuda”Impact of proposed Scotiabank sale to be assessed in accordance with Treaty – CCCThe CARICOM Competition Commission (CCC) has said that any impact the proposed acquisition of Scotiabank by Republic Financial Holdings Limited will be assessed in accordance with the Revised Treaty of Chaguaramas (RTC). The Commission, a CARICOM Institution that was established by Article 171 of the RTC, is mandated to promote…December 5, 2018In “Business”Share this on WhatsApp Imbert: Taxes Removed on Computers, Laptops, Tablets –… Jul 6, 2020 You may be interested in… Oct 9, 2020center_img LIAT to be Liquidated and New Airline Formed – PM Gaston… CARIFESTA XV in Antigua and Barbuda postponed to 2022 Sep 7, 2020 Read more at: Antigua News Room Share this:PrintTwitterFacebookLinkedInLike this:Like Loading… Jun 29, 2020last_img

Leave a Reply

Your email address will not be published. Required fields are marked *