Scotiabank Peru SAA - Company Profile
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Scotiabank Peru SAA (SBP) is a subsidiary of the Bank of Nova Scotia, operating as a financial institution. The bank is primarily involved in providing a wide range of banking services, including personal banking, digital operations, and wealth management. Its major products include savings accounts, credit cards, loans, and insurance solutions. The bank offers various credit card options under the Visa and Mastercard brands. The bank's services serve individual and corporate clients, facilitating financial transactions and investments across different sectors. SBP utilizes an extensive network of branches, ATMs, and digital platforms to reach its customers. It operates primarily in the Peruvian market, targeting both urban and rural areas. SBP is headquartered in San Isidro, Lima, Peru.
Headquarters
Peru
Address
Av. Dionisio Derteano 102, San Isidro, 1235
Website
www.scotiabank.com.pe
Telephone
51 1 2116000
No of Employees
5,811
Industry
Financial Services
Ticker Symbol & Exchange
SCOTIAC1 (LIN)
Revenue (2024)
$1.9B
-10.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
54%
(2024 vs 2023)
Market Cap*
$4.3B
Net Profit Margin (2024)
XYZ
71.4%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| Accounts: | Cash Management |
| Savings | Leasing |
| Current | Foreign Exchange |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Corporate Awards | In July, the bank was recognized as the best bank in payments and fundraising in Latin America by Global Finance. |
| 2025 | Divestiture | In February, the bank completed the sale of CrediScotia Financiera to Banco Santander. |
| 2018 | Contracts/Agreements | In May, the company signed an agreement to acquire a 51% interest in Banco Cencosud. |
Competitor Comparison
| Key Parameters | Scotiabank Peru SAA | Banco de Credito del Peru SA | Banco BBVA Peru SA | Banco Internacional del Peru SAA | Banco de la Nacion del Peru |
|---|---|---|---|---|---|
| Headquarters | Peru | Peru | Peru | Peru | Peru |
| City | San Isidro | La Molina | San Isidro | La Victoria | San Borja |
| State/Province | - | Lima | - | Lima | Lima |
| No. of Employees | 5,811 | 30,718 | 7,266 | 6,752 | 4,433 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gianfranco Castagnola Zuniga | Chairman | Executive Board | 2018 | - |
| Sebastian Ramon Arcuri | Chief Executive Officer; Country Head-Scotiabank Peru Group; Vice Chairman | Executive Board | - | - |
| Juan Malagon Hidalgo | Chief Risk Officer; Senior Vice President | Senior Management | 2023 | - |
| Italo Munoz Bazan | Director | Non Executive Board | 2022 | - |
| Marcelo Rodriguez Barriga | Chief Financial Officer; Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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