Scotiabank ESG and Financial Performance Update
Scotiabank in Chile¹
BUSINESS OVERVIEW 2
Operating since 1999, after taking an initial stake in 1990, offering Retail,
Small Business, Commercial, GBM, Wealth and Treasury solutions
PERFORMANCE EVOLUTION ($MM) 2
1,355
PTPP 4,5
NIAEH4
1,165
1,091
911
Q2/23
Customers³
592
298
~2.8MM
354
348
245
165
Employees³
~7,400
2020
2021
2022
Q2/22
Q2/23
Branches³
109
WY/WY
Y/Y
PTPP Growth 4,5
6%
7%
16%
24%
Loans
$58Bn
(2%)
NIAEH Growth4
(20%)
98%
54%
78%
(32%)
Deposits
$26Bn
Loan Growth
9%
2%
14%
13%
11%
ROE4
10.1%
NIM4,6
2.81%
2.93%
3.20%
3.38%
3.38%
Digital Adoption (%)
72%
Productivity Ratio
46.6%
43.5%
40.4%
39.6%
42.7%
Digital Sales (%)
84%
Operating Leverage
3.0%
7.0%
7.0%
11.2%
(8.7)%
ECONOMIC OUTLOOK 7
LOAN PORTFOLIO 8
Residential
2023E
2024E
GDP Growth (%)
(0.8%)
2.8%
Population Growth (%)
0.95%
0.91%
CPI (y/y % eop)
3.7%
3.0%
Mortgages
MARKET SHARE AND POSITIONS 9,10
Total Loans 3rd
15%
40%
$58.1Bn
Corporate/
Commercial
44%
Unsecured
17%
Mortgage 2nd
Non-mortgage 3rd
14%
Commercial
4th
13%
18%
Total Deposits 4th
12%
1 All figures excluding Wealth Management; 2 Current and prior period dollars, Y/Y and Q/Q growth rates (%) are on a constant dollar basis (with WYS at YTD23 FX rates and Q2/22 and Q2/23 at Q223 FX rates),
while metrics are on a reported basis; 3 Including subsidiaries; 4 See non-GAAP reconciliations beginning on slide 83; 5 Pre-Tax, Pre-Provision Profit defined as revenues less expenses; 6Net Interest Margin
calculated as Core Net Interest Income / Average Core Earning Assets; 7 Source: Scotiabank Economics. GDP and CPI as at May 18, 2023 forecast; Population Growth: World Economic Outlook Database, April
2023; 8 May not add due to rounding; 9Key Competitors: DeChile, Santander, BCI, Itau; Source: Comisión para el Mercado Financiero (CMF); 10 As of March 2023
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