Strategy in Action Investor Presentation
Canadian Banking: Residential Mortgage Portfolio
($ billions, as at January 31, 2013)
$95
$9
Total Portfolio: $188 billion
Insured
Uninsured
Average LTV of
uninsured
58%
mortgages is
42%
56%¹
$86
$29
$28
$5
-$3
$20
$16
-$1
-$1
$24
$25
$19
$15
Ontario
B.C.
Alberta
Freehold - $169B
Quebec
Other
Condos $19B
Scotiabank
19
(1) LTV calculated based on the total outstanding balance secured by the property.
Property values indexed using Teranet and CREA data.
Risk Outlook Remains Stable
•
Asset quality remains high
-
Retail and commercial portfolios performing as expected
Corporate portfolios continue to demonstrate strength
Combination of growth in portfolios and product mix will result in
rising provisions
-
Canadian Retail provisions stable
-
International Retail provisions will increase in line with portfolio
growth, product mix, and a modest softening in economic
conditions in certain countries
Corporate and Commercial provisions remain modest
Scotiabank
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