Scotiabank Canadian Legislative Covered Bonds Presentation
Our Businesses - International Banking
.
Personal & Commercial Banking, Wealth and Insurance
Business Overview
Operate primarily in Latin America (Mexico, Peru, Chile and Colombia),
Central America and the Caribbean, with full range of personal and
commercial financial services, as well as wealth products and solutions
Revenue mix: Latin America" (66%), Caribbean & Central America
(30%), Asia (4%)
(2)
Average loan mix: residential mortgage (27%), personal & credit card
loans (23%), business and government loans & acceptances (50%)
2017 Priorities
Launch Net Promoter System (NPS) across Peru, Chile, Colombia and
Mexico to provide our employees and leadership with timely and
specific customer feedback
• Leverage digital banking organizations within our Pacific Alliance
operations to drive greater digital adoption and sales
•
•
Enhance business mix by growing core deposits to reduce funding
costs along with growing in targeted profitable segments/products
Business Performance
Q2 2017 Highlights
29% of consolidated net income¹
Net income up 19% Y/Y, or 23%,
adjusting for foreign currency
translation
Good retail loan and deposit growth,
lower provision for credit losses, higher
net interest margin and fee growth
Positive operating leverage YTD
Q2 2017 Key Data
Total Loans (avg.)
Total Deposits (avg.)
Net Income
Productivity Ratio
Branches
In C$
$109B
$96B
$595MM
53.3%
1,807
51,362
Net Income ($m)
# of Employees
650
595
600
576
Continue cost reduction programs to lower expenses and use the
savings to fund strategic initiatives, make investments in technology,
and improve productivity
547
550
527
500
500
450
(1) Excludes Other segment
(2) Excludes affiliates, includes Mexico
14
Q2/16 Q3/16 Q4/16 Q1/17 Q2/17
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