Q3/11 Financial Performance and Outlook
18
Stable Specific Provisions
Scotiabank
($ millions)
Q3/10
Q4/10
Q1/11
Q2/11
Q3/11
Canadian Retail
145
138
134
123
103
Canadian Commercial
24
34
31
22
42
169
172
165
145
145
International Retail
118
129
110
116
116
International Commercial
20
(1)
(3)
(10)
4
138
128
107
106
120
Global Wealth Management
-
2
-
1
-
Scotia Capital
(7)
(8)
(3)
10
10
8
Total
300
294
269
262
273
PCL ratio (bps)
43
41
38
38
38
38
38
Exposures to Certain European Sovereigns & Banks Not Material
(Balances at Q3/11, $ millions)
Scotiabank
Country
Sovereign
Banks
Portugal
95
Ireland
2102
112
Italy
1,1273
Greece
Spain
Total
210
143
1,477
(1) Excludes trading securities exposures, which were not significant
(2) Primarily central bank deposits arising from regulatory reserve requirements to
support the Bank's operations in Ireland
(3) Mostly short-dated precious metals activities in both trading and lending
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