Q3/06 Earnings Report
Scotiabank
$ millions
Stable credit quality
Q3/06
Q2/06 Q3/05
Provision for Credit
74
35
85
Losses (PCL)
PCL as % of Loans &
0.13%
0.07% 0.17%
Acceptances:
Net Impaired Loans*:
479
579
573
No change in General Allowance: $1,330 mm
■ US$1.2 billion in credit protection outstanding
after specific allowance for credit losses
Scotiabank
$ millions
Domestic:
25
Credit losses remain low
Q3/06
Q2/06
Q3/05
- Retail & Small Business
- Commercial
International:
- Scotiabank Mexico
- Caribbean & Central America
- Latin America & Asia
65
4
18
300 3
Scotia Capital: Global Corp.&Inv. Banking:
- U.S.
(16)
- Canada & Other
(3)
Other
-
Total
74
(11)
8མ་རྗེས་སྐྱེ88
83
60
9
184
(30)
1
(24)
1
(1)
85
■ Domestic: Retail credit quality remains stable. Lower Commercial PCLs qtr/qtr primarily due
to provisions taken against two accounts in Q2/06.
■ International: Provisions of $24 mm, up $23 mm qtr/qtr due to higher retail provisions in the
Caribbean & Central America.
■ Scotia Capital: Loan loss recoveries: higher yr/yr, but lower qtr/qtr.
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