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Scotiabank Uruguay S.A. (Montevideo) (Uruguay)

Main Activities: Commercial Banking
Full name: Scotiabank Uruguay S.A. Profile Updated: July 07, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Spanish Download a sample report

Scotiabank Uruguay S.A. (ex. Nuevo Banco Comercial S.A.) is a private company owned by the Canadian financial group Scotiabank since 2010, with branches in all departmental capital of Uruguay, as well as an extensive network in Montevideo. In 2011, Scotiabank expanded its operations in Uruguay by acquiring Nuevo Banco Comercial S.A. (NBC), Uruguay's fourth largest private bank in terms of loans and deposits. Also in the same year Scotiabank acquired Pronto!, Uruguay's third-largest consumer finance company. These two investments together provide Scotiabank with a strong foothold in the Uruguayan market.

Headquarters
1399 Misiones Blvd.
Montevideo; Montevideo; Postal Code: 11000

Contact Details: Purchase the Scotiabank Uruguay S.A. (Montevideo) report to view the information.

Website: http://www.scotiabank.com.uy

Basic Information
Financial Auditors:
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Ratings:
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Incorporation Date:
December 31, 2002
Key Executives
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President
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Vice President
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Director
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Director
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Director
Ownership Details
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100%
Subsidiaries
Redbanc S.A.
25%
Bolsa Electronica de Valores S.A.
20.83%
Compania Uruguaya de Medios de Procesamiento S.A
19.65%
Company Performance
Financial values in the chart are available after Scotiabank Uruguay S.A. (Montevideo) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency UYU. Absolute financial data is included in the purchased report.
Net interest income
12.06%
Net fee and commission income
6.52%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
505.97%
Total assets
21.34%
Total equity
23.76%
Total Assets Trend
9.49%
Net Interest Income Trend
-3.47%
Cost to Income Ratio
-11.59%

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