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.
With the largest network among private banks, NBC reaches the whole country with its 46 branches, 90 ATMs and 710 employees. One of the most important Banks in SME segment and Credit Cards, NBC provides a full offer of commercial and corporate services, as well as personal banking. In addition it has a presence in the south of Brazil through a three-branch subsidiary named NBCBB.
Pronto! has more than 200,000 clients and is the market leader in personal loans, with more than 500 employees, 600 retail points of sale and 38 branches.
For more information about the full suite of Personal, Commercial & Corporate Banking products and services offered by NBC, and consumer finance products available at Pronto!, please visit the following corporate websites:
Nuevo Banco Comercial
www.nbc.com.uy
Pronto!
www.pronto.com.uy
Global Transaction Banking offers a range of Cash Management, Trade Finance and Correspondent Banking services in Uruguay.
For more information, please contact:
Alejandro Conforte
Nuevo Banco Comercial S.A.,
International and Financial Institutions
Phone: 598 2 9160541 ext. 1487
conforte@nbc.com.uy
Visit www.gtb.scotiabank.com
