Scotiabank to Buy Costa Rican Bank for $330 Million

RBC Capital Markets, 14 June 2006Scotiabank entered an agreement to buy Corporacion Interfin for $330MM (US$294MM). Corporacion Interfin owns Costa Rica�s largest private bank (non-government) � Banco Interfin.Investment Opinion� More Expansion in LATAM. Scotiabank is poised to be the #1 (private) bank in Costa Rica with this deal, and continues to be a leading player in Latin American bank