Investor Presentaiton
Energy Exposures
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Energy exposure reflects a well diversified book
across sectors and geographies
$17.9B of drawn energy exposure, reflecting 3.6%
of the Bank's total loan book
~60% is investment grade
$14.1B of undrawn energy exposure, slightly
down from $14.3B in Q4/15
~75% is investment grade
Large portion of upstream non-investment grade
drawn portfolio is controlled by borrowing based
advances
The Bank continues to evaluate exposures
through various stress tests, and we have
conducted them at current and realistic oil prices
with consideration of secondary impacts
The stress tests indicate that any potential losses
are very manageable and within our risk
expectation
Drawn Energy Exposure by Sector
11%
12%
E&P
Midstream
58%
19%
Downstream
Services
Drawn Energy Exposure by Geography¹
47%
Canada
31%
U.S.
Other²
22%
(1) By country of residence
(2) Other includes Latin America, Asia and Europe
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