Scotiabank Earnings Report
19
Credit Provisions Continue to be Stable
($ millions)
Q4/11 Q1/12 Q2/12 Q3/12
Q4/12
Canadian Retail
106
112
105
103
99
Canadian Commercial
29
24
15
15
33
135
136
120
118
132
International Retail
129
125
133
151
159
International Commercial
29
(1)
158
124
145
៩ន
12
17
17
168
1761
Global Wealth Management
1
1
2
Global Banking & Markets
17
5
(1)
45
15
11
Collective allowance on performing loans
(30)
100
Total
281
265
264
402
321
PCL ratio (bps) ex. collective allowance
PCL ratio (bps)
38
32
30
33
34
on performing loans
34
32
30
44
34
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 24 Purchased loans note of the 2012 Annual Report.
Canadian Banking: Residential Mortgage Portfolio
($ billions, as at October 31, 2012)
$79
$7
Total Portfolio: $156 billion
Insured Uninsured
60%
40%
Average LTV of
uninsured
mortgages is
54%
$72
$25
$4
-$2
$17
$0.5
$12
$21
-$1
$17
$11
Ontario
B.C.
Alberta
Quebec
Other
Freehold $142B
Condos - $14B
Scotiabank
20
(1) LTV calculated based on the total outstanding balance secured by the property.
Property values indexed using Teranet and CREA data.View entire presentation