2018 Financial Performance slide image

2018 Financial Performance

Funding Strategy Flexible, well-balanced and diversified funding sources Funding Strategy Build customer deposits in all of our key markets Continue to manage wholesale funding (WSF) and focus on longer term funding ○ Endeavouring to fund asset growth through deposits • Achieve appropriate balance between cost and stability of funding 。 Maintain pricing relative to peers ⚫ Diversify funding by type, currency, program, tenor and markets • Pre-fund at least one quarter ahead, market permitting • Centralized funding strategy and associated risk management SHORT-TERM FUNDING o USD 25 billion Bank CP program О USD 3 billion Subsidiary CP program CD Programs (Yankee/USD, EUR, GBP, AUD, HKD) ⚫ TERM FUNDING & CAPITAL Canadian Dollar o CAD 36 billion global registered covered bond program (uninsured Canadian mortgages) o Canada Mortgage Bonds and Mortgage Back Securities o CAD 15 billion debt & equity shelf (senior/sub debt, prefs, common shares) o CAD 15 billion START ABS program (indirect auto loans) o CAD 7 billion Halifax ABS shelf (unsecured lines of credit) ○ CAD 6 billion Principal at Risk (PAR) Note shelf o CAD 5 billion Trillium ABS shelf (credit cards) Foreign Currency o USD 20 billion debt & equity shelf (senior/sub debt, prefs, common shares) o USD 20 billion EMTN shelf o AUD 8 billion Australian MTN program o USD 7.5 billion Singapore MTN program Scotiabank® 30
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