Despite Scotiabank announcing last year that they reached an agreement for the sale of its banking operations in Guyana to First Citizens Bank Limited, on Thursday the company announced that they will no longer be selling its operations.
A brief statement from the Bank on Thursday read “Scotiabank announced today that the agreement for the sale of its banking operations in Guyana to First Citizens Bank Limited has expired. The agreement has been terminated in accordance with its terms. Scotiabank remains committed to providing the highest level of customer service and quality banking solutions to our customers in Guyana and across the Caribbean.”