Third Quarter 2021 Investor Presentation
PCLs - Impaired and Performing
HIGHLIGHTS
PCLs ($MM)
Q3/20 Q4/20 Q1/21 Q2/21 Q3/21
All-Bank
Impaired 928 835
Performing 1,2531 2961
Total
2,1811 1,1311
YEAR-OVER-YEAR
762 1,192
841
2
(696)
(461)
764
496
380
Lower PCLs driven mainly by lower performing PCLs.
Total PCLs of $380 million was down 83% and 23%
Q/Q
Canadian Banking
О
Performing PCLs net reversal of $461 million
Impaired 317
Performing 435
Total 752
238
214
242
135
92
1
(97)
(66)
330
215
145
69
International Banking
Impaired 573
561
528
941
703
Performing 705
1751
(3)
(545) (364)
Total 1,278
7361
525
396
339
Global Wealth Management
Impaired
1
5
(3)
(3)
Performing
11
2
Total
11
3
14
(1)
1
2
4
(2)
(1)
•
Global Banking and Markets
Release driven by a more favourable credit
quality and macroeconomic outlook and
migration
Impaired PCLs of $841 million was driven largely
by International Retail Banking due to credit
migration in Colombia and Peru
QUARTER-OVER-QUARTER
•
Impaired PCLs decreased $351 million, driven largely
by International Retail Banking
Performing PCLs declined to ($461) million due to the
lower migration to stage 3
Impaired 38
Performing
34
1111
281
Total
1491
621
552
15
12
10
6
(55)
(33)1
20
(43)
(27)
Other
_1
1 Includes provision for credit losses on other financial assets in International Banking (Q1/20: -$1 million, Q2/20: $1 million, Q4/20: -$1 million), in Global Banking and Markets of $1 million
(Q3/20: $1 million, Q4/20: -$1 million), in Global Wealth Management (Q3/20: -$1 million) and in Other (Q1/20: $1 million, Q2/20: -$2 million, Q4/20: $2 million)
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