Q1 2017 Financial Performance

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#1apn NOVEMBER 2016 Investor Presentation Vous tres plus SERVICE COMPLET FIRST QUARTER 2017 February 28, 2017 Scotiabank#2Caution Regarding Forward-Looking Statements Our public communications often include oral or written forward-looking statements. Statements of this type are included in this document, and may be included in other filings with Canadian securities regulators or the U.S. Securities and Exchange Commission, or in other communications. All such statements are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation. Forward-looking statements may include, but are not limited to, statements made in this document, the Management's Discussion and Analysis in the Bank's 2016 Annual Report under the headings "Overview-Outlook," for Group Financial Performance "Outlook," for each business segment "Outlook" and in other statements regarding the Bank's objectives, strategies to achieve those objectives, the regulatory environment in which the Bank operates, anticipated financial results (including those in the area of risk management), and the outlook for the Bank's businesses and for the Canadian, U.S. and global economies. Such statements are typically identified by words or phrases such as "believe," "expect," "anticipate," "intent," "estimate," "plan," "may increase," "may fluctuate," and similar expressions of future or conditional verbs, such as "will," "may," "should," "would" and "could." By their very nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, and the risk that predictions and other forward-looking statements will not prove to be accurate. Do not unduly rely on forward-looking statements, as a number of important factors, many of which are beyond the Bank's control and the effects of which can be difficult to predict, could cause actual results to differ materially from the estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to: the economic and financial conditions in Canada and globally; fluctuations in interest rates and currency values; liquidity and funding; significant market volatility and interruptions; the failure of third parties to comply with their obligations to the Bank and its affiliates; changes in monetary policy; legislative and regulatory developments in Canada and elsewhere, including changes to, and interpretations of tax laws and risk-based capital guidelines and reporting instructions and liquidity regulatory guidance; changes to the Bank's credit ratings; operational (including technology) and infrastructure risks; reputational risks; the risk that the Bank's risk management models may not take into account all relevant factors; the accuracy and completeness of information the Bank receives on customers and counterparties; the timely development and introduction of new products and services in receptive markets; the Bank's ability to expand existing distribution channels and to develop and realize revenues from new distribution channels; the Bank's ability to complete and integrate acquisitions and its other growth strategies; critical accounting estimates and the effects of changes in accounting policies and methods used by the Bank as described in the Bank's annual financial statements (See "Controls and Accounting Policies-Critical accounting estimates" in the Bank's 2016 Annual Report) and updated by this document; global capital markets activity; the Bank's ability to attract and retain key executives; reliance on third parties to provide components of the Bank's business infrastructure; unexpected changes in consumer spending and saving habits; technological developments; fraud by internal or external parties, including the use of new technologies in unprecedented ways to defraud the Bank or its customers; increasing cyber security risks which may include theft of assets, unauthorized access to sensitive information or operational disruption; consolidation in the financial services sector in Canada and globally; competition, both from new entrants and established competitors; judicial and regulatory proceedings; natural disasters, including, but not limited to, earthquakes and hurricanes, and disruptions to public infrastructure, such as transportation, communication, power or water supply; the possible impact of international conflicts and other developments, including terrorist activities and war; the effects of disease or illness on local, national or international economies; and the Bank's anticipation of and success in managing the risks implied by the foregoing. A substantial amount of the Bank's business involves making loans or otherwise committing resources to specific companies, industries or countries. Unforeseen events affecting such borrowers, industries or countries could have a material adverse effect on the Bank's financial results, businesses, financial condition or liquidity. These and other factors may cause the Bank's actual performance to differ materially from that contemplated by forward-looking statements. For more information, see the "Risk Management" section of the Bank's 2016 Annual Report. Material economic assumptions underlying the forward-looking statements contained in this document are set out in the 2016 Annual Report under the heading "Overview-Outlook," as updated by this document; and for each business segment "Outlook". The "Outlook" sections are based on the Bank's views and the actual outcome is uncertain. Readers should consider the above-noted factors when reviewing these sections. The preceding list of factors is not exhaustive of all possible risk factors and other factors could also adversely affect the Bank's results. When relying on forward-looking statements to make decisions with respect to the Bank and its securities, investors and others should carefully consider the preceding factors, other uncertainties and potential events. The Bank does not undertake to update any forward-looking statements, whether written or oral, that may be made from time to time by or on its behalf. Additional information relating to the Bank, including the Bank's Annual Information Form, can be located on the SEDAR website at www.sedar.com and on the EDGAR section of the SEC's website at www.sec.gov. Scotiabank®#3obs NOVEMBER 2016 A Vous êtes plus Overview SERVICE COMPLET Brian Porter President & Chief Executive Officer Scotiabank®#4Q1 2017 Overview ● Strong start to the year . • Net income of $2.0 billion Diluted EPS of $1.57 per share ROE of 14.3% Revenue growth of 8% year-over-year Positive operating leverage of 4.5% Capital position remains strong at 11.3% Quarterly dividend increased by 2 cents to $0.76 per share 4 Scotiabank®#5Digital Vision: medium term Ambitious goals with established early momentum Important to set the right direction and move quickly CUSTOMER EXPERIENCE BY OUR CUSTOMERS DIGITAL ADOPTION DIGITAL RETAIL SALES A leader in our five key markets (measured by NPS) At least At least 70% IN-BRANCH FINANCIAL TRANSACTIONS 50% Less than 10% WILL IMPROVE ALL-BANK PRODUCTIVITY RATIO LO 5 Scotiabank®#6apr NOVEMBER 2016 A Vous êtes plus r SERVICE COMPLET Financial Review Sean McGuckin Chief Financial Officer Scotiabank#7Q1 2017 Financial Performance $ millions, except EPS Q1/17 Q/Q Y/Y Net Income $2,009 +11% • Diluted EPS $1.57 +10% . Revenues $6,868 +2% $3,689 +1% +8% +3% • Productivity Ratio Expenses 53.7% -40bps -240bps Core Banking Margin 2.40% Dividends Per Common Share +2bps Year-over-Year Highlights Net Income grew 11% Diluted EPS growth of 10% Revenue growth of 8% Higher asset growth and wider margins across all business lines, partly offset by lower contributions from asset/liability management activities Increased banking, trading, underwriting and wealth management fees Gains on sale of real estate were offset by lower net gain on investment securities +$0.02 • Expense growth of 3% +$0.02 +$0.02 $0.74 $0.74 $0.72 $0.72 $0.70 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Announced dividend increase 7 • Focused investment on business initiatives continues to drive higher digital and technology related expenses Higher employee related costs Partly offset by benefits from cost reduction initiatives and lower advertising and other business expenses Operating leverage of +4.5% Scotiabank®#8Capital - Strong Position Basel III Common Equity Tier 1 10.1 10.1 (CET1) (%) 10.5 11.0 11.3 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 374 CET1 Risk-Weighted Assets ($B) Q1/16 357 358 364 360 Q2/16 Q3/16 Q4/16 Q1/17 • • . • Highlights Strong internal capital generation and prudent management of asset growth Favourable impact of higher pension liability discount rates and higher pension plan asset returns Quarterly dividend of $0.76 per share, up 6% Y/Y CET1 risk-weighted assets decreased $4 billion Q/Q . Primarily driven by impact of a stronger Canadian dollar on foreign currency denominated risk weighted assets Partly offset by higher credit risk and operational risk weighted assets Leverage ratio of 4.5% Capital position remains strong 8 Scotiabank®#9Canadian Banking Net Income ($MM) 977 981 930 954 875 Q1/16 877 Q2/16 Q3/16 Q4/16 Q1/17 Gain on sale of a non-core lease financing business • • Net Interest Margin (%). Average Assets ($B) 307 307 310 313 316 2.38 2.38 2.39 2.39 • 5 2.35 298 299 303 307 311 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Tangerine run-off mortgage portfolio (1) Attributable to equity holders of the Bank • Year-over-Year Highlights Net income up 12% or 7% excluding real estate gains Loan growth of 3% Excluding Tangerine run-off mortgages, up 4% Deposits up 5% . Retail savings deposits were up 12% and chequing was up 8% NIM up 4 bps Margin expansion in deposits, higher yields on unsecured lending and the run-off of Tangerine mortgages PCL ratio up 4 bps Expenses up 2% Higher digital and technology costs, advertising to support business growth and salary increases, partially offset by benefits realized from cost reduction initiatives Operating leverage of +4.9% Solid volume growth and positive operating leverage Scotiabank®#10International Banking 1 Net Income ($MM) 576 547 527 505 500 • Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Year-over-Year Highlights • . Net Income up 14% or 18%² • Good retail loan and deposit growth Strong net interest margin and fee growth and good expense control Partly offset by impact of foreign currency translation Loans flat and deposits up 5% • Ex. foreign currency translation, loans up 5% (Retail up 9%) and deposits up 10% NIM up 16 bps, driven by business mix, acquisitions, and re-pricing following recent rate increases PCL ratio increased 7 bps Expenses up 1% or 6%² • Acquisitions, business volumes and inflationary increases Partly offset by the impact of foreign currency translation and benefits from cost reduction initiatives Operating leverage of +4.2% Margin expansion and positive operating leverage • Average Assets ($B) 143 145 140 142 143 Net Interest Margin (%) 4.79 4.77 4.73 . 4.69 4.57 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 (1) Attributable to equity holders of the Bank (2) Adjusting for foreign currency translation - see page 5 of MD&A for additional details 10 Scotiabank®#11Global Banking and Markets Net Income ($MM) 421 461 469 366 323 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Average Loans² ($B) Net Interest Margin³ (%) 81 84 81 81 82 1.78 1.72 1.63 1.58 1.60 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 (1) Attributable to equity holders of the Bank (2) (3) Average Business & Government Loans & Acceptances Corporate Banking only 11 · • • • Year-over-Year Highlights Net Income up 28% • Higher contributions from Fixed Income and Canadian lending businesses, as well as lower PCLs Partly offset by lower results in investment banking and the Asia lending business Revenue up 16% PCL loss ratio improved by 23 bps, driven by lower provisions in the energy sector Expenses up 10% • Higher performance based compensation, as well as higher technology and regulatory costs Strong quarter, driven by higher customer activity Scotiabank®#12Other Segment¹ Net Income 12 1 19 2,3 ($MM) (23) (78) Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 • Year-over-Year Highlights Lower net gains on investment securities, the impact of foreign currency translation (including hedges) and higher expenses (1) Includes Group Treasury, smaller operating segments, and other corporate items which are not allocated to a business line. The results primarily reflect the net impact of asset/liability management activities (2) Attributable to equity holders of the Bank (3) Excluding restructuring charge of $278 million after-tax ($378 million before-tax) in Q2/16 Scotiabank® 12#13obs NOVEMBER 2016 Risk Review Vous etes plus SERVICE COMPLET C Stephen Hart Ho Chief Risk Officer Scotiabank#14Risk Review . . • . Overall credit fundamentals remain within expectations PCL ratio - Credit performance remains stable at 45 basis points, unchanged from last quarter and prior year Gross impaired loans of $5.2 billion was down 3% Q/Q¹ • • Net impaired loan ratio was flat Q/Q at 0.49% Net formations of $723 million was up from $645 million in Q4/16, driven by International Retail Market risk - Average 1-day all-bank VaR of $12.0 million, up from $10.4 million in Q4/16 No trading loss days in Q1/17 (1) Excludes loans acquired under the Federal Deposit Insurance Corporation (FDIC) guarantee related to the acquisition of R-G Premier Bank of Puerto Rico. 14 Scotiabank®#15PCL Ratios (Total PCL as a % of Average Net Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Loans & Acceptances) Canadian Banking Retail 0.28 0.30 0.30 0.31 0.32 Commercial 0.14 0.14 0.20 0.14 0.21 Total 0.26 0.28 0.29 0.28 0.30 Total - Excluding net acquisition benefit 0.28 0.30 0.31 0.29 0.31 International Banking Retail 2.09 2.09 2.13 2.01 2.10 Commercial 0.28 0.97 0.47 0.33 0.35 Total 1.14 1.50 1.26 1.15 1.21 Total - Excluding net acquisition benefit 1.23 1.63 1.39 1.32 1.32 Global Banking and Markets 0.27 0.57 0.19 0.19 0.04 All Bank 0.45 0.59 (1) 0.47 0.45 0.45 (1) Excludes collective allowance increase; including collective allowance increase, All Bank PCL ratio was 0.64 15 Scotiabank®#16NOVEMBER 2016 Vous etes plus SERVICE COMPLET Appendix Scotiabank#17Diluted EPS Reconciliation $ per share Q1/17 Reported Diluted EPS $1.57 Add: Amortization of Intangibles $0.01 Adjusted Diluted EPS $1.58 17 Scotiabank®#18Core Banking Margin 2.38% 2.38% 2.38% 2.40% 2.40% Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 188 Year-over-year Increase driven by wider margins across all business lines, partly offset by lower contributions from asset/liability management activities Scotiabank®#19Canadian Banking - Revenue & Volume Growth Revenues (TEB) ($ millions) +7% Average Loans & Acceptances ($ billions) +3%1 Y/Y 40 42 43 Y/Y 72 75 75 .9 6 50 3,112 3,186 2,977 179 183 186 813 846 803 Q1/16 521 520 503 Business Q4/16 Q1/17 ■Personal & credit cards 1,671 1,778 1,820 Tangerine mortgage run-off Residential mortgages Average Deposits ($ billions) +5% Y/Y Q1/16 Q4/16 Q1/17 66 68 69 155 160 162 Retail ■Commercial Wealth Q4/16 Q1/17 ■Personal Non-personal Scotiabank® Q1/16 (1) Excluding Tangerine run-off portfolio, loans & acceptances increased 4% year over year 19#20Canadian Banking - Net Interest Margin 2.35% 2.38% 2.38% 2.39% 2.39% 1.66% 1.66% 1.66% 1.67% 1.64% 0.92% 0.94% 0.96% 0.94% 0.97% Year-over-Year Net Interest Margin was up 4 bps, driven by margin expansion in deposits, higher yields on unsecured lending and the run-off of Tangerine mortgages Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Total Canadian Banking Margin Total Earning Assets Margin -Total Deposits Margin Scotiabank® 20 20#21International Banking – Revenue & Volume Growth Revenues (TEB) ($ millions) - Average Loans & Acceptances ($ billions) +0% Y/Y +6%1 Y/Y 2,450 2,498 2,586 25 22 24 24 27 27 28 55 53 52 892 883 975 1,558 1,615 1,611 Q1/16 Net interest income Q1/16 Q4/16 Business Q1/17 ■Residential mortgages Personal & credit cards Average Deposits2 ($ billions) +5% Y/Y 34 34 33 Q4/16 Q1/17 53 56 57 ■Non-interest revenue (1) Up 10% adjusting for unfavourable foreign currency translation (2) Includes deposits from banks Q1/16 ■Non-personal Q4/16 Q1/17 ■ Personal Scotiabank® 21 21#22International Banking - Regional Growth Revenues (TEB) ($ millions) +6% Y/Y Average Loans & Acceptances ($ billions) +0% Y/Y 33 33 32 33 2,450 2,498 2,586 103 108 114 71 72 71 724 739 786 Q1/16 Q4/16 Q1/17 Latin America ■Caribbean & Central America Constant FX 1,618 1,645 1,697 Retail Commercial1 Total Loan Volumes Y/Y Latin America 12% 1% 5% Q1/17 C&CA² 6% 1% 4% Q1/16 Q4/16 Asia ■Caribbean & Central America ■Latin America (1) Excludes bankers acceptances Total (2) Excluding impact of acquisitions - Citi Costa Rica and Panama - and at constant FX, retail and total International volumes were up 1% and 0% in C&CA 22 22 9% 1% 5% Scotiabank®#23Global Banking and Markets Revenues (TEB) ($ millions) - Revenue & Volume Growth Average Loans & Acceptances ($ billions) +2%1 Y/Y +16% Y/Y 1,175 1,215 1,048 82 81 81 561 637 464 Q1/16 Q4/16 Q1/17 All-Bank Trading Revenue (TEB) ($ millions) 584 614 578 437 404 428 423 Q1/16 Q4/16 Q1/17 ■Business Banking ■Capital Markets 23 23 Q1/16 Q2/16 548 Q3/16 Q4/16 Q1/17 Scotiabank® (1) 4.9% on a constant currency basis#24Economic Outlook in Key Markets Real GDP (Annual % Change) 2000-15 Country 2016F 2017F 2018F Avg. Mexico 2.4 2.1 1.5 2.1 Peru 5.3 3.8 3.8 4.2 Chile 4.3 1.5 2.0 2.5 Colombia 4.2 1.9 2.4 3.3 2000-15 2016F 2017F 2018F Avg. Canada 2.2 1.4 2.0 2.0 U.S. 1.9 1.6 2.3 2.4 Source: Scotia Economics, as of January 17, 2017 24 24 Scotiabank®#25Energy Exposures¹ • Committed to our guidance of a cumulative PCL ratio of less than 3%² since 2015 • ● Cumulative PCL ratio of 2.0% as of Q1/172 The Bank has moved past the key issues in the sector Drawn corporate energy exposure of $14.0 billion decreased 10% Q/Q • Approximately 48% investment grade Undrawn commitments of $10.7 billion, down $0.4 billion • Approximately 64% investment grade Focus on select non-investment grade E&P and Services accounts . Approximately two-thirds of focus accounts have issued debt ranking below the Bank's senior position Exposures relate to loans and acceptances outstanding as of January 31, 2017 and to undrawn commitments attributed/related to those (1) drawn loans and acceptances. (2) Cumulative PCL ratio by sector is calculated as total PCLs over the period Q1/15 - Q1/17 divided by the average quarterly exposure over Scotiabank® the period Q1/15 - Q1/17. 25#26Provisions for Credit Losses ($ millions) Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Canadian Retail 181 190 196 203 213 Canadian Commercial 13 14 21 14 22 Total Canadian Banking 194 204 217 217 235 Total - Excluding net acquisition benefit 212 221 232 221 240 International Retail 252 250 254 251 265 International Commercial 39 130 62 43 45 Total International Banking 291 380 316 294 310 Total - Excluding net acquisition benefit 315 415 343 337 340 Global Banking and Markets 54 118 38 39 8 All Bank 539 702 571 550 553 All Bank - Excluding net acquisition benefit 581 754 613 597 588 Increase in Collective Allowance 0 50 0 0 0 All Bank 539 752 571 550 553 PCL ratio (bps) - Total PCLS as a % of Average Net Loans & Acceptances Excluding Collective Allowance 45 59 47 45 45 Including Collective Allowance 45 64 47 45 45 26 26 Scotiabank®#271 Net Formations of Impaired Loans ($ millions) 1,200 1,000 800 600 400 200 0 Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 Net Formations Q1/17 -Average Scotiabank® (1) Excludes loans acquired under the Federal Deposit Insurance Corporation (FDIC) guarantee related to the acquisition of R-G Premier Bank of Puerto Rico. 27 27#281 Gross Impaired Loans" ($ billions) 6.0 5.5 5.0 4.5 4.0 3.5 3.0 Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 -GILS as % of Loans & Bas (RHS) GILS (LHS) (1) Excludes loans acquired under the Federal Deposit Insurance Corporation (FDIC) guarantee related to the acquisition of R-G Premier Bank of Puerto Rico. 28 1.15% 1.10% 1.05% 1.00% 0.95% 0.90% 0.85% Scotiabank®#29Canadian Retail: Loans and Provisions $195.0 (Spot Balances as at Q1/17, $ billions) Total Portfolio = $268 billion¹; 93% secured² $31.8 $33.9 $6.8 3 Mortgages Lines of Credit Personal Loans Credit Cards % secured 100% 60% 99% 4% PCL2 Q1/17 Q4/16 Q1/17 Q4/16 Q1/17 Q4/16 Q1/17 Q4/16 $ millions 3 3 57 56 80 79 73 65 % of avg. net loans (bps) 1 1 72 70 96 94 437 380 (1) Includes Tangerine balances of $8 billion (2) 81% secured by real estate; 12% secured by automotive (3) Includes JP Morgan Chase acquisition of $1.0 billion 29 29 Scotiabank®#30Canadian Residential Mortgage Portfolio (Spot Balances as at Q1/17, $ billions) อล (2) $95.1 $10.2 Total Portfolio: $195 billion Average LTV Insured 56% Uninsured of uninsured 44% mortgages is 51%¹ $84.9 $32.8 $6.7 $30.5 $3.7 $15.7 $1.7 $26.1 $26.8 $14.0 $11.9 $0.2 $11.7 $9.1 $0.6 $8.5 Ontario B.C. & Territories Alberta Quebec Atlantic Provinces Manitoba & Saskatchewan ■Freehold - $172B LTV calculated based on the total outstanding balance secured by the property. Property values indexed using Teranet HPI data. Some figures on bar chart may not add due to rounding. ■Condos - $23B 30 30#31International Retail: Loans and Provisions $18.3 (Spot Balances as at Q1/17, $ billions¹) $1.8 $4.3 Total Portfolio₁ = $51 billion; 65% secured ■Credit Cards ($6.7B) ■Personal Loans ($14.7B) ■Mortgages ($29.0B) $10.8 $1.5 $8.5 -$0.4 $2.8 $7.3 $2.3 $1.3 $12.2 $5.5 $3.4 $1.7 $5.8 $6.5 $1.9 $2.6 $1.9 C&CA³ Mexico Chile 3 Peru 3 Colombia PCL2 Q1/17 Q4/16 Q1/17 Q4/16 Q1/17 Q4/16 Q1/17 Q4/16 Q1/17 Q4/16 $ millions 50 34 41 41 23 25 71 78 64 59 % of avg. net loans (bps) 109 75 194 186 88 97 415 472 488 460 (1) Total Portfolio includes other smaller portfolios (2) (3) Excludes Uruguay PCLs of approximately $15 million Includes the benefits from Cencosud and Citibank net acquisition benefits. Excluding the net acquisition benefits, C&CA's ratio would be 143 bps for Q1/17 and 120 bps for Q4/16, Chile's ratio would be 132 bps for Q1/17 and 144 bps for Q4/16 and Peru's ratio would be 502 bps for Q4/16 31 Scotiabank®#32Q1 2017 Trading Results and One-Day Total VaR Millions 35 30 Q1 2017 Trading Results and One-Day Total VaR • 1-Day Total VaR Actual P&L 25 20 15 10 5 0 -5 -10 Минили -15 -20 Average 1-Day Total VaR Q1/17: $12.0 MM Q4/16: $10.4 MM Q1/16: $15.2 MM 32 Scotiabank®#33# of days in quarter Q1 2017 Trading Results 12 10 8 9 2 0 1 3 4 5 6 7 8 9 10 11 13 15 17 20 29 Daily Trading Revenues ($mm) • No trading loss days in Q1/17 33 Scotiabank®#34FX Movements versus Canadian Dollar Canadian (Appreciation) / Currency Depreciation Q1/17 Q4/16 Q1/16 Q/Q Y/Y Spot U.S. Dollar 0.769 0.746 0.713 -3.1% -7.7% Mexican Peso 16.026 14.09 12.938 -13.7% -23.9% Peruvian Sol 2.514 2.508 2.479 -0.2% -1.4% Colombian Peso 2,248 2,240 2,351 -0.3% +4.4% Chilean Peso 498.4 487.0 509.0 -2.3% +2.1% Average U.S. Dollar 0.750 0.762 0.729 +1.7% -2.9% Mexican Peso 15.50 14.39 12.57 -7.7% -23.4% Peruvian Sol 2.533 2.565 2.466 +1.3% -2.7% Colombian Peso 2,265 2,239 2,317 -1.2% +2.2% Chilean Peso 498.2 505.8 517.5 +1.5% +3.7% 34 Scotiabank®

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