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Scotiabank Launches CAD100 Billion Covered Bond Program

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Scotiabank Launches CAD100 Billion Covered Bond Program

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Bank Of Nova Scotia ( (TSE:BNS) ) has provided an announcement.

The Bank of Nova Scotia has announced the approval and publication of a prospectus related to its CAD100 billion Global Registered Covered Bond Program. This initiative, guaranteed by Scotiabank Covered Bond Guarantor Limited Partnership, is expected to enhance the bank’s funding capabilities and strengthen its financial position, potentially impacting its market operations and stakeholder interests positively.

More about Bank Of Nova Scotia

The Bank of Nova Scotia, commonly known as Scotiabank, operates in the financial services industry, offering a range of banking products and services. It is one of Canada’s largest banks and focuses on international banking and wealth management, with a significant presence in the Americas.

See more insights into BNS stock on TipRanks’ Stock Analysis page.

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