Q1 2010 Scotiabank Risk Review and Outlook
Q1/10 Risk Overview
• Risk in credit portfolios continues to be well managed
($ millions)
Q1/10
Q4/09
Q1/09
Net Impaired Loan Formations
Specific Provisions
511
627
778
372
424
281
•
Strong coverage ratios
Q1/10
Q4/09
Q1/09
Earnings coverage of PCL
(1)
5.1x
4.0x
4.8x
Total Allowance as a % of GIL
71%
73%
91%
Total Allowance as a % of Loans & BAS
1.06%
1.03%
0.86%
(1) Pre-tax, pre-provision income to total PCL
Scotiabank
Net Impaired Loan Formations Moderating
15
($ millions)
Q1/09
Q2/09 Q3/09 Q4/09
Q1/10
Canadian Retail
218
246
167
205
184
Canadian Commercial
31
98
67
24
42
249
344
234
229
226
International Retail
336
264
276
254
259
International Commercial
133
93
232
5
135
469
357
508
259
394
Scotia Capital
60
303
161
139
(109)
Total
778
1,004
903
627
511
Scotiabank
16View entire presentation