Bank of Nova Scotia to open Moscow office next year

Newswire

TORONTO, Nov 29 (Reuters) - Bank of Nova Scotia said on Thursday that it plans to open a representative office in Moscow early in 2008. The bank noted that Canadian companies, including auto parts maker Magna International and mining company Kinross Gold are expanding in Russia, and some 600 Canadian companies do business in Russia. The new office will let the bank offer "direct, relevant support" to them and to other companies considering a move into the Russian market, Scotiabank said. ...

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