Investor Presentaiton
International Banking
1,2
Net Income ($MM)
485
436
417
447
378
74
304
Q1/15 Q2/15 Q3/15
Q3/14
Q4/14
Net after-tax notable items in Q4/14
•
Average Assets ($B)
4.81
128 129
Net Interest Margin (%)
.
4.77
114 117 120
4.68
4.71
4.67
Q3/14 Q4/14 Q1/15 Q2/15 Q3/15
Q3/14 Q4/14 Q1/15 Q2/15 Q3/15
(1) Attributable to equity holders of the Bank
(2)
Adjusted for notable items in Q4/14 - (See Appendix - Notable Items)
9
•
Highlights
Net Income up 11% Y/Y
•
Strong loan growth in Latin America and
positive impact of FX translation
Higher fee income and contributions
from our investments in associated corps.
Revenues up 12% Y/Y
Loans up 13% and deposits up 16% Y/Y
Excluding the impact of foreign currency
translation, total loans were up 8%, while
Latin America was up 12%
Higher PCLs Y/Y
•
Excluding impact of acquisitions, higher
retail provisions were in line with asset
growth, while commercial improved
Expenses up 12% Y/Y
.
Excluding impact of acquisitions and FX
translation, expenses were up 6% Y/Y
Driven by business growth, strategic
investments and inflation
Operating leverage of -0.7% YTD
Strong asset growth in the
Latin America
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