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Scotiabank Track Record

Our Businesses - International Banking • • • Personal & Commercial Banking, Wealth and Insurance Business Overview Operate primarily in Latin America (Mexico, Peru, Chile and Colombia), Central America and the Caribbean, with full range of personal and commercial financial services as well as wealth products and solutions Revenue mix: Latin America (66%), Caribbean & Central America (30%), Asia (4%) (1) Average loan mix: residential mortgage (27%), personal & credit card loans (23%), business and government loans & acceptances (50%) 2017 Priorities Launch Net Promoter System (NPS) across Peru, Chile, Colombia and Mexico to provide our employees and leadership with timely and specific customer feedback • Establish digital banking organizations within our Pacific Alliance operations to drive greater digital adoption and sales • Enhance business mix by growing core deposits to reduce funding costs along with growing in targeted profitable segments/products Continue cost reduction programs to lower expenses and use the savings to fund strategic initiatives, make investments in technology, and improve productivity • Business Performance Q1 2017 Highlights • 28% of consolidated net income Net income up 14% Y/Y (or 18% adjusting for foreign currency translation) Good retail loan and deposit growth, strong net interest margin and fee growth Good expense control, with positive operating leverage of 4.2% Q1 2017 Key Data Total Loans (avg.) Total Deposits (avg.) Net Income Productivity Ratio Branches In C$ $104B $91B $576MM 55.3% 1,818 50,908 Net Income ($m) # of Employees 600 576 547 550 527 505 500 500 450 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 (1) Excludes affiliates, includes Mexico 14 Scotiabank®
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