Digital Banking Strength and Strategic Funding
Other Regions
Leading Caribbean & Central American franchise
Caribbean & Central America
Asia
Leading bank serving retail, commercial, and
corporate customers
Major markets include the Dominican Republic,
Jamaica, Trinidad & Tobago, Costa Rica,
Panama and The Bahamas
• Sharpened geographic footprint by exiting
higher risk, low growth jurisdictions including
Haiti, El Salvador, Puerto Rico, US Virgin
Islands, British Virgin Islands and 7 of the
Leeward Islands
•
Dominican Republic: #4 bank
Acquired Banco Dominicano del Progreso
in 2019
Thailand: 6% interest in TMB Bank
•
Reduced investment in Thailand in
Q1/20 resulting ~6% minority interest
in TMB Bank
China: ~18% interest in Bank of Xi'an
.
•
CAD $877MM carrying value as of July
31, 2020
CAD $496MM of net income for
twelve months ended October 31,
2019
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