2013 Outlook Presentation
17
18
•
.
Risks Continue to be Well-Managed
Risk in credit portfolios continues to be well-managed
-
-
Overall credit quality remains strong
Higher retail provisions in Latin America rising in line with growth and
product mix changes
Credit risk in Canadian residential real estate portfolio remains
benign
Declining net impaired loan formations
Market risk remains low and well-controlled
-
Average 1-day all-bank VaR: $16.8MM vs. $17.4MM in Q1/13
Total gross exposure to Europe down $3 billion from prior quarter
Scotiabank
Credit Provisions
($ millions)
Q2/12 Q3/12 Q4/12
Q1/13
Q2/13
Canadian Retail
105
103
99
108
106
Canadian Commercial
15
15
33
10
30
120
118
132
118
136
International Retail
133
151
159
171
180
International Commercial
12
17
17
15
14
145
168
176
186
194
Global Wealth Management
-
1
2
1
1
Global Banking & Markets
(1)
15
11
5
12
Collective allowance on performing loans
-
100
-
Total
264
402
321
310
343
PCL ratio (bps) ex. collective allowance
PCL ratio (bps) on performing loans
31
34
36
32
35
31
46
36
32
35
Scotiabank
(1) Includes the impact of Colombian purchased portfolio. The Bank expects the PCL ratio to rise with
the maturity of the acquired portfolio. See pg 10 of the Second Quarter Report to Shareholders..View entire presentation