Scotiabank ESG and Financial Performance Update
Automotive Finance
• Canada's leader in automotive finance
•
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HIGHLIGHTS
Provide personal and commercial dealer financing solutions, in partnership with ten leading global automotive manufacturers in Canada
Portfolio increased 9% year-over-year: Personal up 5%, Commercial up 39%1
Commercial
14%
ASSET MIX
Near-Prime 6% $47.5Bn1,2,3
Retail
100% Secured
80% Prime
Retail
RELATIONSHIPS
Exclusive
MAZDA VOLVO POLESTAR
RIVIAN JAGUAR/LAND ROVER MITSUBISHI
Semi-Exclusive4
HYUNDAI STELLANTIS/CHRYSLER
GENERAL MOTORS TESLA
MARKET SHARE
ASSET GROWTH ($BN)
Prime Retail5
Near-Prime Retail6
Commercial Floorplan?
$44.4Bn
36%
64%
80%
20%
78%
22%
$37.1Bn
2016 2017 2018 2019 2020 2021 2022
1 Average balance for the three months ended April 30, 2023; 2 May not add due to rounding; 3 Net of allowance for credit losses; 4 1 to 2 other financial institutions comprise Semi-Exclusive relationships; 5 CBA
data as of October 2022, includes RBC, BMO, TD, Scotiabank, CIBC, National Bank; 6 Dealer Track Portal data, includes all Near-Prime Retail providers on Dealer Track Portal, data for April 2023 originations;
7 Includes BMO, CIBC, RBC, Scotiabank, TD, HSBC, Canadian Western Bank, Laurentian Bank, data as of September 2022
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