Scotiabank ESG and Financial Performance Update
Why Invest in Scotiabank?
Leading bank in the Americas
Diversified exposure to high quality
growth markets
,
Increasing scale and market share in
core markets
•
Strong risk culture: solid credit quality,
well provisioned
*
Acceleration in Digital Banking
•
Six core markets: Canada, US, Mexico, Chile, Peru and Colombia
• ~97% of FY23 YTD earnings from the Americas
•
•
Only universal bank with full presence in all Pacific Alliance countries
•
•
Unique Americas footprint provides diversified exposure to higher
growth, high ROE banking markets
230 million people in the Pacific Alliance countries comprise the 6th
largest economy in the world
Competitive scale and increasing market share in core markets
Competitive advantages in technology, risk management and cross-
border solutions versus competitors
Strong Canadian risk management culture with strong capabilities in AML
and cybersecurity
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Focus on secured and investment-grade lending
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$5.9 billion in allowances for credit losses as of Q2/23
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Increased Digital Adoption to 60% in Q2/23 (up 200 bps Y/Y)
•
Launched Scotia Smart Investor, an all-new platform that aligns solutions to
customer goals by blending Al-powered recommendations and personalized
advice in real-time
Named "Digital Bank of the Year for Latin America and the Caribbean" by
Latin Finance's 2022 Banks of the Year Awards
Launched Scotia TranXact, a new digital payments platform to provide
business banking clients with real-time payment services and cash
management APIs
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