Financial Health and Performance Overview
Why Invest in Scotiabank?
Leading bank in the Americas
Diversified exposure to high quality
growth markets
,
Increasing scale and market share in
core markets
•
Strong risk culture: solid credit quality,
well provisioned
*
Acceleration in Digital Banking
•
Six core markets: Canada, US, Mexico, Chile, Peru and Colombia
• ~97% of FY23 YTD earnings from the Americas
•
Only universal bank with full presence in all Pacific Alliance countries
.
•
Unique Americas footprint provides diversified exposure to higher
growth, high ROE banking markets
230 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 cross-
border solutions versus competitors
Strong Canadian risk management culture with strong capabilities in AML
and cybersecurity
•
Focus on secured and investment-grade lending
•
$5.9 billion in allowances for credit losses as of Q2/23
•
Increased Digital Adoption to 60% in Q2/23 (up 200 bps Y/Y)
•
Launched Scotia Smart Investor, an all-new platform that aligns solutions to
customer goals by blending Al-powered recommendations and personalized
advice in real-time
Named "Digital Bank of the Year for Latin America and the Caribbean" by
Latin Finance's 2022 Banks of the Year Awards
Launched Scotia TranXact, a new digital payments platform to provide
business banking clients with real-time payment services and cash
management APIs
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