Global Wealth Management Update
Other Regions
Leading Caribbean & Central American franchise
Caribbean & Central America
Asia
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Leading international bank in the region
The franchise offers services and products to
support over 1.8MM retail, corporate,
commercial, wealth and insurance customers
Major markets include the Dominican Republic,
Jamaica, Trinidad & Tobago, Costa Rica,
Panama and The Bahamas
Strong and stable deposit base
Leaders in digital banking through innovative
use of technology and commitment to
continued improvement
China: ~18% interest in Bank of Xi'an
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CAD $1,077MM carrying value as of
January 31, 2023
Bank of Xi'an reported $497MM of net
income for the 12 months ended
September 30, 20221, of which
Scotiabank's share is 18%
Based on the most recent available financial statements
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