Scotiabank Track Record
Key Issues - Energy Exposures
.
Energy exposure is well diversified across sectors
and geographies
$14 billion drawn energy exposure, is 2.8% of the
Bank's total loan book, down 10% Q/Q
~48% is investment grade
Drawn Energy Exposure by Sector
15%
10%
E&P
Midstream
49%
Downstream
26%
.
$10.7 billion of undrawn energy exposure, down
$0.4 billion Q/Q
Services
~64% is investment grade
.
We remain committed to our guidance and actively
manage our exposures
Cumulative PCLs of $325 million from Q1/15 to
Q1/17
Cumulative energy loan loss ratio of 2.0% is
below our guidance of less than 3%
(1) By country of residence
17
(2) Other includes Latin America, Asia and Europe
Drawn Energy Exposure by Geography(1)
Canada
35%
46%
U.S.
Other(2)
19%
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