Q3/09 Financial Performance Overview
Scotiabank
Improving Coverage on Loan Portfolio
Total Allowance for Credit Losses as % of Loans and Acceptances
0.95%
0.87%
0.87%
0.88%
1.10%
Q3/08
Q4/08
Q1/09
Q2/09
Q3/09
41
Scotiabank
Gross Impaired Loan Formations
$ millions
Q2/09
Q3/09
Canadian P&C
Canadian Retail: formations stable in
residential mortgages, lower in auto loans
- Retail
436
409
- Commercial
115
91
551
500
Canadian Commercial: classification of
several small accounts
International P&C
- Retail
266
276
- Commercial
97
278
363
554
Scotia Capital
- Canada
167
75
- U.S. & Europe
149
130
316
205
Total
1,230
1,259
Int'l. Retail: higher formations in Mexico &
Peru; lower formations in Chile
Int'l. Commercial: classification of a resort
hotel in Dominican Republic and a number
of accounts in various geographies
Scotia Capital: classification of a media
account in Canada; parts manufacturer, two
real estate accounts & two other accounts
in U.S.
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