Investor Presentation Second Quarter 2007
Credit losses remain low
Scotiabank
$ millions
Domestic:
Change
Q2/07
Yr/Yr
Qtr/Qtr
-
Retail Banking
72
- Commercial
26
9
1
(6)
(31)
(9)
66
(22)
(8)
International:
- Mexico
19
9
15
- Caribbean & Central America
13
24
3
- Latin America & Asia
(2)
(4)
(7)
30
29
11
Scotia Capital:
- U.S.
- Canada & Other
Other
Total Specific Provisions
Reduction of General Allowance
Total
(50)
(20)
(21)
(1)
23
(51)
3
(21)
-
45
10
(18)
(25)
(25)
(25)
20
(15)
(43)
29
Scotiabank
Moderate net impaired loan formations
Q2/07, $ millions
Domestic:
- Retail
- Commercial
78
(20)
58
International:
- Mexico
46
- Caribbean &
Central America
- Latin America & Asia
29
432
53
128
Scotia Capital:
- U.S.
- Canada & Other
(117)
(4)
(121)
Total
65
Domestic Retail: formations reflect
growing portfolio size; underlying credit
trends remain strong.
Domestic Commercial: payment of one
large account; stable credit quality.
International: formations primarily in
retail portfolios across division, largely
reflecting their growing size. Classified
two commercial accounts in the
Caribbean.
30
Scotia Capital: repayment on two large
accounts in the U.S.
Formations down $12 million vs. Q1/07View entire presentation