Canadian Banking and Mortgage Portfolio Overview
Energy Exposure¹
High quality energy portfolio, reduced exposure to 2.7% of total loans from 3.6% in Q1/16
Total Exploration and Production
Canadian E&P
U.S. E&P
Midstream
Services
Downstream
Total Energy Exposure²
Loans and
Acceptances
Outstanding ($B)
% of Total % of Total Loans and
% Investment
Energy
Exposure
Acceptances
Grade
Outstanding
6.9
41%
1.1%
53%
3.4
20%
0.6%
74%
0.9
6%
0.2%
34%4
5.8
34%
0.9%
58%
1.5
9%
0.2%
17%
2.6
16%
0.4%
72%
16.8
100%
2.7%
54%
Canada
(57%)
6.9
C&CA
(34%)
Energy portfolio represents 2.7% of loans and
acceptances outstanding, down from 3.6% in Q1 2016.
Europe
•
54% is rated Investment Grade (IG)
Energy
Exposure by
Geography2
(44%)
0.7
Watchlist³ reduced to 3.9% of total Energy outstandings
from a high of 13.6% as of Q4/16
$16.8B
1.0
3.3
Asia
(95%)
(%IG)
Latin
America
(44%)
1 As of January 31, 2020
2 May not add due to rounding
3 Includes Impaired accounts
4 Reduction in IG from previous quarter a function of a material repayment on an IG account
3.2
1.3
U.S.
(50%)
Mexico
(59%)
56View entire presentation