Net income of Scotiabank Colpatria for the year 2021 was $189,045 million

Scotiabank Colpatria published its profit distribution project for the year in 2021. In the document it was announced that the net profit amounted to $189,045 million following allocating $171,136 million for the payment of income taxes. These figures contrast with those of 2020, the year in which it had losses of $315,548 million, despite the fact that $1,500 million were released from the reserve for donations.

For the payment of dividends, the financial entity will allocate $73,903 million, with which $1.48 will be disbursed – corresponding to 39% of the total profit – for each of the 49,934 million shares that were in circulation as of December 31, 2021. This figure will be paid on April 15 of this year.

To constitute a reserve for donations, $1,500 million will be allocated, while $113,641 million will be delivered to increase the legal reserve.

The bank recently announced the opening of ScotiaTech, its technology hub in Bogotá with which it seeks to hire 1,000 employees for roles related to innovation. The space will drive the future of world-class banking experiences, creating technology products that generate a global impact for Scotiabank customers, primarily in the Latin American markets where the Bank has a presence.

Michael Zerbs, Group Director of Technology and Global Operations at Scotiabank, commented, “We are very pleased to strengthen our presence in Colombia with the official opening of ScotiaTech, a leading and growing technology hub for key talent for technology and digital issues.” .

For his part, Ignacio Deschamps, Group Director, International Banking and Digital Transformation at Scotiabank, commented that “Colombian professional talent is of great relevance to our organization and for this reason we are actively recruiting professionals who perform technology roles, which include software and cybersecurity, as well as specialists in technological solutions”.

Those interested in applying for any of these positions should send their resume to [email protected]

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