Even as the Bank of Guyana awaits another round of discussions with Scotiabank on a potential buyer of its operations here, sources say that government will not be forced to accept a proposal on only the merits of financial profitability of the deal for Scotia.
“No one is telling Scotiabank who to sell to but they must understand that they cannot force that buyer on us. We have to do our due diligence and see what is best for Guyana,” a government source told the Stabroek News.
“When they are selling they are looking for [the] highest profits for them. In the same way, we have to look out for the long-term benefits that bank brings,” the source added.