Colombian Economy & Banking Sector Analysis
Funding Strategy
Flexible, well-balanced and diversified funding sources
•
Increase contribution from customer deposits
Continue to reduce wholesale funding
utilization while building TLAC
Maintain balance between efficiency, stability
of funding and pricing relative to peers
Diversify funding by type, currency, program,
tenor and source/market
Utilize a centralized (head office managed)
funding and associated risk management
approach
1 In addition to the programs listed, there are also CD programs in the following currencies:
Yankee/USD, EUR, GBP, AUD, HKD
Funding Programs¹
US Debt & Equity Shelf
(senior/subordinated debt, preferred and common shares)
Limit USD 40 billion
Global Registered Covered Bond Program
(uninsured Canadian mortgages)
Limit CAD 100 billion
EMTN Shelf
Limit USD 20 billion
CAD Debt & Equity Shelf
(senior/subordinated debt, preferred and common shares)
Limit CAD 15 billion
START ABS program (indirect auto loans)
Limit CAD 15 billion
Australian MTN program
Limit AUD 8 billion
Singapore MTN program
Limit - USD 7.5 billion
Halifax ABS shelf (unsecured lines of credit)
Limit - CAD 7 billion
Principal at Risk (PAR) Note shelf
Limit CAD 6 billion
Trillium ABS shelf (credit cards)
Limit CAD 5 billion
USD Bank CP Program
Limit USD 35 billion
59View entire presentation