International Banking Revenue and Loan Growth
SCOTIABANK IN THE PACIFIC ALLIANCE COUNTRIES
Well positioned to grow now and in the future
•
Key Highlights of Pacific Alliance countries (PACS)
6x Canada's population; projected growth outpaces Canada, other EM³ and G7 countries; median age of 29 vs. 42 in Canada
Population 1,2
Government
Presidential Elections
Financial Stability
Economy
GDP1
Exports5
Trade Partners5
Business Environment
HDI Score Rank6
Banking Penetration¹
• No elections expected until 2021
•
All sovereign credit ratings in IG category with central banks targeting inflation since 1999
•
Ranks as 9th largest economy in the world
•
Foreign Direct Investment¹
•
•
Manufacturing is the largest source of exports for the PACS at 64%
US, China and Canada are the PACs' largest trading partners, representing 72% of exports
•
Ranks "High" or "Very High," comparable to Canada and the U.S.
Under-banked with average banking penetration at 50% compared to over 90% in Canada and the U.S.
FDI averaging 3.2% of GDP compared to 1.7% in Canada and the U.S.
Scotiabank Market Share7
Market Share Ranking?
Mexico
7.1%
6th
Peru
18.2%
3rd
Chile
13.8%
3rd
Colombia
6.2%
5th
PACs
(Total/Average)
11.3%
4th
Strengths
Mortgages and Auto
Commercial, Personal
and Credit cards
Commercial, Credit cards
and Mortgages
Retail and Credit Cards
Well positioned
Average Assets³ (C$B)
$32.3
$24.0
$32.9
$12.3
$101.5
Revenue³(C$B)
$2.2
$2.0
$1.7
$1.3
$7.2
Net Income after NC18,9 (C$B)
$0.6
$0.7
$0.4
$0.1
$1.9
ROE 8,9
# of Employees 8,10
26%
13,204
24%
11%
6%
17%
11,032
9,386
9,658
43,280
1 Source: World Bank 2017
2 Population growth: World Bank DataBank 2017-2022
4 Source: The World Factbook, CIA 2017
3 EM countries include: Argentina, Brazil, China, Greece, India, Indonesia, Poland, South Africa, Turkey, and Russia
5 Source: United Nation Conference on Trade and Development (UNCTAD) 2017; Organization for Economic Co-operation and Development (OECD) 2016
6 Source: United Nations Development Programme (UNDP) 2017. For more information, please refer to: http://hdr.undp.org/sites/default/files/2018_human_development_statistical_update.pdf
7 Total loans market share as of September 2018
8 As of October 31, 2018 or for the fiscal year 2018
9 Earnings adjusted for acquisition-related costs including the Day 1 PCL on acquired performing loans, integration and amortization costs related to current
acquisitions, and amortization of intangibles related to current and past acquisitions
10 Employees are reported on a full-time equivalent basis
Scotiabank®
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