Aug 14 (Reuters) - Bank of Nova Scotia BNS.TO :
* SCOTIABANK FORMALIZES AGREEMENT TO ACQUIRE BANCO DOMINICANO DEL PROGRESO
* BANK OF NOVA SCOTIA - TRANSACTION IS NOT FINANCIALLY MATERIAL TO SCOTIABANK.
* BANK OF NOVA SCOTIA - TRANSACTION IS NOT FINANCIALLY MATERIAL TO SCOTIABANK
* BANK OF NOVA SCOTIA - SCOTIABANK'S COMMON EQUITY TIER ONE CAPITAL RATIO WILL BE IMPACTED BY APPROXIMATELY 10 BASIS POINTS
* BANK OF NOVA SCOTIA - UNTIL REGULATORY APPROVAL IS OBTAINED, TRANSACTION CLOSES, ALL OPERATIONS, BRANCHES, PRODUCTS WILL CONTINUE TO OPERATE AS USUAL
* BANK OF NOVA SCOTIA - SCOTIABANK AND BANCO DOMINICANO DEL PROGRESO WILL WORK TOGETHER TO ENSURE A SMOOTH TRANSITION FOR BOTH EMPLOYEES AND CUSTOMERS