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Scotiabank gets licensing approval to expand Dubai operations

Posted on 23 December 2009

From CP: The Bank of Nova Scotia said Tuesday it has been approved to set up independent operations in Dubai’s financial district, making it the first Canadian bank to do so.

The licensing clearance from the Dubai International Financial Center allows the bank’s ScotiaMocatta division to open an independent branch in one of the Middle East’s hubs for international finance…………………………………..Full Article: Source

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