Digital Banking Strength and Strategic Funding slide image

Digital Banking Strength and Strategic Funding

Why Invest in Scotiabank? Leading bank in the Americas Diversified exposure to high quality growth markets , Increasing scale and market share in core markets • • • Six core markets: Canada, US, Mexico, Chile, Peru and Colombia ~90% of earnings from the Americas Unique Americas footprint provides diversified exposure to higher growth, high ROE banking markets 225 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 funding versus competitors • Increased scale in Wealth Management and P&C businesses via M&A • ~70% of earnings from stable P&C banking and wealth businesses $ Improved earnings quality, lower risk profile • Simplified footprint lowers operational risk and regulatory costs . Significant IT investment driving growth in digital banking Strong Canadian risk management culture with strong capabilities in AML and cybersecurity High levels of technology investment supports digital banking strategy to increase digital sales and adoption Named "Bank of the Year" in Canada (2019) Named "Best Bank in North America for Innovation in Digital Banking (2020) 8
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