Increasing Scale, Improving Focus
Energy Exposure¹
High quality energy portfolio, reduced exposure from 3.1% of total loans in Q4/16 to 2.7%
Total Exploration and Production
Canadian E&P
WCS Exposure
Midstream
Services
Downstream
Total Energy Exposure²
Loans and
Acceptances
% of Total
Outstanding ($B)
Energy
Exposure
% of Total Loans
and Acceptances
% Investment
Grade
Outstanding
6.6
41%
1.1%
59%
3.7
23%
0.6%
77%
2.9
18%
0.5%
36%
5.5
34%
0.9%
52%
1.5
9%
0.2%
19%
2.5
15%
0.4%
71%
16.2
100%
2.7%
55%
7.2
Canada
(63%)
•
Energy portfolio represents 2.7% of loans
outstanding, down from 3.1% in Q4/16
55% is rated Investment Grade (IG)
"Watch-list" reduced to less than 2.5% of
total exposures from 14% since Q4/16
RWA has decreased 21% since Q4/16
Asia
(93%)
1 As of July 31, 2019
2 May not add due to rounding
C&CA
Energy
Exposure by
Geography2
0.4
(39%)
0.7 Europe
(47%)
0.8
$16.2B
(%IG)
2.9
3.3
0.7
U.S.
(39%)
Mexico
(37%)
Latin
America
(51%)
Scotiabank® 53View entire presentation