{"id":123539,"date":"2019-03-05T13:17:39","date_gmt":"2019-03-05T13:17:39","guid":{"rendered":"https:\/\/dr1.do\/?p=123539"},"modified":"2019-03-06T11:08:35","modified_gmt":"2019-03-06T11:08:35","slug":"scotiabank-takeover-completed","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2019\/03\/05\/scotiabank-takeover-completed\/","title":{"rendered":"Scotiabank takeover completed"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" width=\"1024\" height=\"210\" src=\"https:\/\/dr1.do\/wp-content\/uploads\/2019\/03\/Scotiabank-logo-1024x210.jpg\" alt=\"\" class=\"wp-image-123581\" srcset=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2019\/03\/Scotiabank-logo-1024x210.jpg 1024w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2019\/03\/Scotiabank-logo-300x61.jpg 300w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2019\/03\/Scotiabank-logo-768x157.jpg 768w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2019\/03\/Scotiabank-logo.jpg 1280w\" sizes=\"(max-width: 706px) 89vw, (max-width: 767px) 82vw, 740px\" \/><\/figure>\n\n\n\n<p>Canada&#8217;s Scotiabank announced the Superintendency of Banks and the Monetary Board of the Central Bank have cleared their acquisition of 97.44% stake in the Banco Dominicano del Progreso. The Scotiabank is now the fourth largest full-service bank in the Dominican Republic in terms of assets with a market share of 10%. <\/p>\n\n\n\n<p>Scotiabank now expects to double its customer base through the transaction from about 250,000 to 500,000 and gain a third-place ranking in the credit card segment in the Caribbean country with a 17% share of the market.<br>\nBanco Dominicano del Progreso\u2019s operations include 57 branches, 184 automated banking machines (ABMs) and over 160 banking sub-agents, serving over 250,000 personal and commercial banking customers.<\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/compelo.com\/banking\/news\/scotiabank-banco-dominicano-del-progreso\/\">Compelo<\/a><\/p>\n\n\n\n<p>5 March 2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada&#8217;s Scotiabank announced the Superintendency of Banks and the Monetary Board of the Central Bank have cleared their acquisition of 97.44% stake in the Banco Dominicano del Progreso. The Scotiabank is now the fourth largest full-service bank in the Dominican Republic in terms of assets with a market share of 10%. Scotiabank now expects to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2019\/03\/05\/scotiabank-takeover-completed\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[154,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/123539"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=123539"}],"version-history":[{"count":3,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/123539\/revisions"}],"predecessor-version":[{"id":123582,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/123539\/revisions\/123582"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=123539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=123539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=123539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}