{"id":22250,"date":"2018-12-04T00:14:44","date_gmt":"2018-12-04T04:14:44","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=22250"},"modified":"2018-12-04T00:14:45","modified_gmt":"2018-12-04T04:14:45","slug":"grenadas-pm-says-he-will-not-block-scotias-sale","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/grenadas-pm-says-he-will-not-block-scotias-sale\/","title":{"rendered":"Grenada&#8217;s PM says he will not block Scotia&#8217;s sale"},"content":{"rendered":"<div id=\"antig-3648627304\" class=\"antig-ecab antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Postpaid_Come Cross Postpaid 1200x400_Opt.1_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div><div id=\"antig-1525675123\" class=\"antig-before-content antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/medicalbenefitsscheme\" aria-label=\"mbs may\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1200\/h:400\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/mbs-may.jpeg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1200\/h:400\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/mbs-may.jpeg 1200w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/mbs-may.jpeg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:341\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/mbs-may.jpeg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/mbs-may.jpeg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1200\" height=\"400\"   \/><\/a><\/div>\n<p>Unlike his counterpart in Antigua and Barbuda, the Prime Minister of Grenada, Dr Keith Mitchell says he was not surprised at the decision by Scotiabank to sell its operations in nine Caribbean countries.<\/p><div id=\"antig-4171871521\" class=\"antig-content_5 antig-entity-placement\"><a href=\"https:\/\/www.antiguabarbudaculinarymonth.com\/\" aria-label=\"culinary\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:843\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:843\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 2560w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:132\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:450\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:337\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 768w, https:\/\/mlavawteztbj.i.optimole.com\/w:1536\/h:675\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 1536w, https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:842\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 2048w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"2560\" height=\"1124\"   \/><\/a><\/div>\n\n\n\n<p>According to Mitchell, he was happy to see a Caribbean institution \u201cplaying an even bigger role in the banking system\u201d.<\/p>\n\n\n\n<p>His comment is an acknowledgement of the announcement last week by the Trinidad-based Republic Financial Holdings Limited (RFHL), that it had entered into an agreement to acquire Scotiabank&#8217;s banking operations in nine eastern Caribbean countries.<\/p><div id=\"antig-3359084577\" class=\"antig-content_4 antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Postpaid_Come Cross Postpaid 1200x400_Opt.1_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div><div id=\"antig-2135416027\" class=\"antig-content_12 antig-entity-placement\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1320\/h:730\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/02\/IMG_5614.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1320\/h:730\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/02\/IMG_5614.jpg 1320w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:166\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/02\/IMG_5614.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:566\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/02\/IMG_5614.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:425\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/02\/IMG_5614.jpg 768w, https:\/\/mlavawteztbj.i.optimole.com\/w:696\/h:385\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/02\/IMG_5614.jpg 696w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1320\" height=\"730\"   \/><\/div>\n\n\n\n<p>An RFHL statement said that the banks being acquired are located in Guyana, St Maarten, Anguilla, Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, St Lucia, and St Vincent and the Grenadines.<\/p><div id=\"antig-2351484512\" class=\"antig-content antig-entity-placement\"><a href=\"https:\/\/www.antiguabarbudaculinarymonth.com\/\" aria-label=\"culinary\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:843\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:843\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 2560w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:132\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:450\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:337\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 768w, https:\/\/mlavawteztbj.i.optimole.com\/w:1536\/h:675\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 1536w, https:\/\/mlavawteztbj.i.optimole.com\/w:1920\/h:842\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/04\/culinary-scaled.jpg 2048w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"2560\" height=\"1124\"   \/><\/a><\/div>\n\n\n\n<p>It said that the purchase price is US$123 million, which represents US$25 million consideration for a total shareholding of Scotiabank Anguilla Ltd; and a premium of US$98 million over net asset value for operations in the remaining eight countries.<\/p>\n\n\n\n<p>But while Antigua and Barbuda Prime Minister Gaston Browne said his Administration would not be issuing a vesting order to facilitate the sale, Mitchell, who is also the finance minister in Grenada, said he would not move to block the sale.<\/p><div id=\"antig-285285630\" class=\"antig-content_2 antig-entity-placement\"><a href=\"https:\/\/www.courts.com\/antigua\/\" aria-label=\"500X500\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:500\/h:500\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/500X500.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:500\/h:500\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/500X500.jpg 500w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/500X500.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:150\/h:150\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/500X500.jpg 150w\" sizes=\"(max-width: 500px) 100vw, 500px\" width=\"500\" height=\"500\"   \/><\/a><\/div>\n\n\n\n<p>\u201cI am happy to see a Caribbean institution playing an even bigger role in the banking system in this country,\u201d Mitchell said, noting that while he lamented the fact that the Canadian bank was moving out, he was also very supportive of competition.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"http:\/\/www.loopjamaica.com\/content\/regional-governments-express-concern-over-sale-scotiabank-2\"><img decoding=\"async\" src=\"https:\/\/loopnewslive.blob.core.windows.net\/liveimage\/sites\/default\/files\/2018-11\/kdZSYdFS9W.jpg\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Related article<\/strong>&nbsp;:Regional governments express concern over Scotiabank sale<\/h3>\n\n\n\n<p>\u201cWhile we see less competition, the fact is we still have diversity in the banking sector,\u201d he said, noting that the Co-operative Bank in Grenada is the largest bank in his country.<\/p><div id=\"antig-852159745\" class=\"antig-content_3 antig-entity-placement\"><a href=\"https:\/\/www.courts.com\/antigua\/\" aria-label=\"IMG_1115\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/IMG_1115.jpeg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/IMG_1115.jpeg 1080w, https:\/\/mlavawteztbj.i.optimole.com\/w:240\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/IMG_1115.jpeg 240w, https:\/\/mlavawteztbj.i.optimole.com\/w:819\/h:1024\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/IMG_1115.jpeg 819w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:960\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/IMG_1115.jpeg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1080\" height=\"1350\"   \/><\/a><\/div>\n\n\n\n<p>\u201cAnd it happens to be not just Caribbean owned, but locally owned.\u201d<\/p><div id=\"antig-34810712\" class=\"antig-content_6 antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Postpaid_Come Cross Postpaid 1200x400_Opt.1_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/05\/ANU-CVP-Digital-Postpaid_Come-Cross-Postpaid-1200x400_Opt.1_1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div>\n\n\n\n<p>Mitchell said he believed Scotiabank had signalled its intention to move out some time ago, recalling he had discussions with senior officials recently and the answer given had indicated to him that the bank was looking outward.<\/p>\n\n\n\n<p>\u201cSo I think we have to understand what is happening in the Caribbean. If one understood what was happening in the region that was not something you would say that surprised us. It did not surprise me and I did indicate when I heard certain comments made not long ago by a leading director from the Bank of Nova Scotia when I asked him about investment and the answer he gave.<\/p>\n\n\n\n<p>\u201cI was not surprised by the results I saw,\u201d he said, adding that he had been informed of the proposed sale before the announcement was made.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"http:\/\/www.loopjamaica.com\/content\/republic-financial-holdings-acquire-scotiabank-9-countries-1\"><img decoding=\"async\" src=\"https:\/\/loopnewslive.blob.core.windows.net\/liveimage\/sites\/default\/files\/2018-11\/2jwqRGd3BP.jpg\" alt=\"Ronald Harford, Chairman of RFHL\"\/><\/a><\/figure>\n\n\n\n<p>Meanwhile, the governor of the Central Bank of Barbados, Cleviston Haynes said the recent manoeuvres by the insurance company, Sagicor and Scotiabank are indications that these global institutions are reappraising their future development.<\/p>\n\n\n\n<p>Stephen Bagnarol, Scotiatbank&#8217;s senior vice president and head of the Caribbean South and East, said the financial institution was pleased to be entering into a partnership with the regional insurance company, Sagicor, to provide products to its clients.<\/p>\n\n\n\n<p>Haynes said the region needs to recognise that it is operating in a global economy.<\/p>\n\n\n\n<p>\u201cWhat we have in the Caribbean generally are very small enterprises, and to be successful globally you really need critical mass. And I suspect that is part of the decision-making which\u2026.Sagicor may have made in coming to their decision whereas banking in the region, particularly post the global financial crisis, has not been seen as being very profitable to some, particularly the Canadian banks who see significant risks but perhaps not seeing the type of earnings which they would want to make.\u201d<\/p>\n\n\n\n<p>Haynes said that though the moves by both Sagicor and Scotiabank represent business transactions in the best interest of large corporate entities, it is an unfortunate development for the region.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"http:\/\/www.loopjamaica.com\/content\/scotia-says-its-committed-region\"><img decoding=\"async\" src=\"https:\/\/loopnewslive.blob.core.windows.net\/liveimage\/sites\/default\/files\/2018-11\/3ktMHDdCZp.jpg\" alt=\"Stephen Bagnarol, Scotiatbank's senior vice president and Head of the Caribbean South and East, says  Scotia was merely re-focusing on the markets with size and scale.\"\/><\/a><\/figure>\n\n\n\n<p>\u201cThe region has benefited all through the global financial crisis and more recently with the de-risking initiatives being taken on having these large Canadian banks in our presence.<\/p>\n\n\n\n<p>\u201cThere are things we may not like, there are often criticisms of the pricing of the banks and so on, but I think as regional economies, having Canadian banks [in our] presence has been to our benefit and therefore there must be a little concern where, as a region, it appears that we are beginning to lose some of these banks, and therefore it is something we have to look at very carefully \u2014 but we also have to recognise it in the context of the global repositioning of large corporate entities,\u201d Haynes said.<\/p>\n\n\n\n<p>(LOOP JAMAICA)<\/p>\n<div id=\"antig-399696\" class=\"antig-in-comments_2 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/@hadeedmotorsltd\" aria-label=\"Hadeed_WEB_Banner_MG-2\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 1000w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:75\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:192\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1000\" height=\"250\"   \/><\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Unlike his counterpart in Antigua and Barbuda, the Prime Minister of Grenada, Dr Keith Mitchell says he was not surprised at the decision by Scotiabank to sell its operations in nine Caribbean countries. According to Mitchell, he was happy to see a Caribbean institution \u201cplaying an even bigger role in the banking system\u201d. His comment [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":22252,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-22250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Grenada&#039;s PM says he will not block Scotia&#039;s sale - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/grenadas-pm-says-he-will-not-block-scotias-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Grenada&#039;s PM says he will not block Scotia&#039;s sale\" \/>\n<meta property=\"og:description\" content=\"Unlike his counterpart in Antigua and Barbuda, the Prime Minister of Grenada, Dr Keith Mitchell says he was not surprised at the decision by Scotiabank to sell its operations in nine Caribbean countries. According to Mitchell, he was happy to see a Caribbean institution \u201cplaying an even bigger role in the banking system\u201d. 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