Bank of Nova Scotia to acquire an additional 7% stake in Scotiabank Chile for $406m.

Bank of Nova Scotia, a bank that offer personal, commercial, corporate & investment banking products and services, agreed to acquire an additional 7% stake in Scotiabank Chile for $406m. "Scotiabank's presence in Chile is a key pillar of our International Business and we are pleased to further strengthen our operations in the country. We are grateful for our ongoing partnership with the Said family and look forward to building on our momentum in Chile over the coming years," Brian Porter, Scotiabank President and CEO.