Strategic Economic and Financial Overview
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34
International Banking: Diversified Loan & Deposit Growth
Revenues (TEB)
($ millions)
1,663
196
1,692
165
1,332
132
475
471
458
996
1,052
742
Q3/11
Q2/12
Q3/12
Asia
Caribbean & Central America
■Latin America
Scotiabank
•
.
Year-over-Year
Latin America
+ Strong diversified retail and commercial
loan growth
+ Contribution of recent acquisitions
+ Higher trading income
Caribbean & Central America
+ Solid retail and commercial loan growth
+ Good growth in banking fees
Asia
+ Strong commercial loan growth and higher
margins
- Lower earnings from Thailand
Quarter-over-Quarter
Latin America
+ Full quarter contribution from Colpatria
+ Good loan and deposit growth in Peru
+ Favourable change in FV of financial instruments
used for ALM
• Caribbean & Central America
+ Solid retail loan growth, and good deposit growth
- Lower commercial banking fees
⚫ Asia
- Reduction in commercial loans
- Lower earnings from Thailand
Global Wealth Management: Solid Performance
Revenues (TEB)
($ millions)
905
886
845
121
141
142
764
724
744
Q3/11
Q2/12
Q3/12
Insurance
Wealth Management
Scotiabank
•
Year-over-Year
Wealth Management
+ Higher international wealth and Canadian
private client businesses.
- Lower brokerage revenues
Insurance
+ Growth in global insurance revenues
Quarter-over-Quarter
Wealth Management
+ Higher international wealth revenues
+ Higher Canadian private client revenues
- Lower brokerage and global asset
management revenues
Insurance
+ Solid global insurance revenuesView entire presentation