PCL Ratios and Provision for Credit Losses Review
PROVISION FOR CREDIT LOSSES
IAS 39
IFRS 9
($MM)
Q3/17 Q4/17
Q1/18
Q2/18
Q3/18
PCLs on
PCLs on
PCLs on
Total
Total
PCLs on Impaired
Loans
Total
Total
Impaired
! Loans
Impaired
Impaired PCLS PCLS
PCLs
PCLS
Loans
Loans (rep.) (adj.)
Canadian Banking
Canadian Retail
214
210
206
200
193
193
179
174
174
Canadian Commercial
10
8
14
10
11
12
(5)
7
7
Total Canadian Banking
224
218
220
210
204
205
174
181
181
I
-
Total Excluding Credit Mark Benefits
232
224
N/A
N/A
N/A
N/A
N/A
N/A
N/A
International Banking
International Retail
280
265
306
320
308
294
337
669
320
International Commercial
45
45
40
241
80
461
60
1021
471
Total
325
310
I
3462
3441,2
3882
3401,2
3972
7711,2,3
3671,2,4
Total Excluding Credit Mark Benefits
355
365
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Global Banking and Markets
24
8
(2)
(9)
3
(11)
(12)
(10)
(10)
Other
(1)1
-
-
11
11
All Bank
573
536
564
544
595
534
559
943
539
1 Includes provision for credit losses on debt securities and deposit with banks of $1 million (Q1/18: -$5 million, Q2/18: -$4 million) in International Banking and $Nil (Q1/18: -$1 million, Q2/18: $Nil)) in Other
2 Not comparable to periods prior to Q1/18, which were net of acquisition benefits
3 Figures on an reported basis; includes impact of Day 1 PCLS from acquisitions
4 Figures on an adjusted basis; adjusted for Day 1 PCLs from acquisitions
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