Investor Presentation - First Quarter, 2007
Scotiabank
$ millions
Favourable credit conditions
Change
Yr/Yr Qtr/Qtr
Provision for Credit
63
(12) 31
Losses (PCL)
Specific Provisions
63
(12)
(29)
Net Impaired Loans* 579
(80)
9
General Allowance: $1,323 million
-$16 million increase from Costa Rica acquisition
$1.5 billion of credit protection in place
* after specific allowance for credit losses
Scotiabank
29
Credit losses remain moderate
$ millions
Domestic:
- Retail Banking
- Commercial
8 20
74
10
134
71
Change
Yr/Yr
Qtr/Qtr
13
International:
- Mexico
4
(8)
- Caribbean & Central America
10
8
- Latin America & Asia
5
(8)
19
(8)
11
336
2457
Scotia Capital:
- U.S.
- Canada & Other
(29)
(17)
(46)
(1)
3
(10)
(30)
(14)
(56)
Other
Total Specific Provisions
Reversal of General Allowance
Total
63
(12)
(29)
-
60
63
(12)
31
30View entire presentation