Investor Presentaiton
Scotiabank's Canadian Residential Mortgage Portfolio
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Mortgage business model is originate to hold
48% of the mortgage portfolio is insured
52% is uninsured and has an average loan-to-value (LTV) of 53%
Majority is freehold properties; condominiums represent approximately 11% of the portfolio
Good diversification across Canada with approximately half of the portfolio anchored in Ontario
Loans to Canadian condominium developers were $816 MM at Q1/16 ($927 MM at Q4/15)
High quality portfolio of well known developers with longstanding relationships with Scotiabank
Canadian Mortgage Portfolio: $190B (spot balances as at Q1/16, C$B)
$92.8
$9.6
■Condominium
$21B
$169B
■Freehold
$83.2
Insured
48%
52%
Uninsured
(avg. LTV = 53%¹)
$31.0
$30.1
$5.9
$3.5
$15.2
$25.1
$26.6
$1.6
$13.6
$12.0
$11.8
$0.2
$8.9
$0.6
$8.3
Ontario
B.C. & Territories
Alberta
Quebec
Atlantic Provinces
Manitoba &
Saskatchewan
(1) LTV calculated based on the current outstanding balance secured by the estimated value of the underlying property using Teranet sub-
index data
(2) Some figures on bar chart may not add due to rounding
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