Scotiabank Q2 2009 Financial Performance Review
Scotiabank
Wholesale Auto Portfolio
Total(1) Total(1)
$ billions
Canada
U.S.
Other
Q2/09
Q1/09
OEM(2)
0.1
0.1
0.2
0.6
Finance & Leasing
0.6
0.3
0.2
1.1
1.2
Parts Manufacturers
0.3
0.4
0.1
0.8
0.8
Dealers/Floorplan
2.9
2.9
3.0
3.9
0.8
0.3
5.0
5.6
GM & Chrysler only 11% of total dealer exposure
"
Portfolio regularly stress tested
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$60 million sectoral provision
Year-to-date PCL ratio: 22bps
(1) loans and acceptances (2) Original Equipment Manufacturers
Scotiabank
$ billions
31
North American Real Estate
Total(1)
Total(1)
Canada
U.S.
Q2/09
Q1/09
Residential
3.4
0.4
3.8
3.8
Commercial & Industrial
1.0
1.0
1.2
Office
0.6
0.1
0.7
0.6
Retail
0.9
0.3
1.2
1.0
REITS
0.5
1.3
1.8
2.2
6.4
2.1
8.5
8.8
Cdn. Residential: Single Family (55%), Condominium (30%), Income Producing (15%)
Development deals with experienced, long-term clients
REITs are primarily liquidity facilities to investment grade borrowers
Year-to-date PCL ratio: 29bps - primarily relating to US condo construction
(1) loans and acceptances
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