2013 Q1 Earnings Presentation
17
18
Risks Continue to be Well-Managed
•
Risk in credit portfolios continues to be well-managed
-
-
Provisions for credit losses on impaired loans remain in line with
expectations
Overall credit quality of loan portfolio remains strong
Market risk remains low and well controlled
Average 1-day all-bank VaR: $17.4MM vs. $19.0MM in Q4/12
Exposure to Europe not significant, although up slightly from last
quarter
Stress tests on the mortgage portfolio confirm that potential
losses under a severe economic downturn are manageable
Scotiabank
Credit Provisions Continue to be Stable
($ millions)
Q1/12 Q2/12 Q3/12 Q4/12 Q1/13
Canadian Retail
112
105
103
99
108
Canadian Commercial
24
15
15
33
10
136
120
118
132
118
International Retail
125
133
151
159
171
International Commercial
(1)
12
17
17
15
124
145
168
1761
186
Global Wealth Management
1
2
1
Global Banking & Markets
Collective allowance on performing loans
5
(1)
15
11
5
-
100
I
-
265
264
402
321
310
Total
PCL ratio (bps) ex. collective allowance
32
31
34
36
32
on performing loans
PCL ratio (bps)
32
31
46
36
32
Scotiabank
(1) Includes the impact of Colombian purchased portfolio. The Bank expects the PCL ratio to rise with
the maturity of the acquired portfolio. See pg 10 of the First Quarter Report to Shareholders.View entire presentation