• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Scotiabank Inverlat S.A. May 04 Product Image

Scotiabank Inverlat S.A. May 04

  • Published: May 2004
  • Standard & Poors

FEATURED COMPANIES

  • BNS Capital Trust
  • Montreal Trust Co.
  • National Trust Co.
  • Scotiabank Capital Trust
  • Scotiabank Europe PLC
  • Scotiabank Inverlat, S.A.
  • MORE

Abstract
Parent support in terms of management and enhanced credit policies, procedures, and systems mirroring Bank of Nova Scotia's (BNS) global operating methodology Improving overall financial performance Successful strategy in the consumer sector, which has resulted in increasing market penetration Good and experienced management team Midsize bank facing strong competition from other foreign banks with strong market share, and focused in the consumer market and small and medium enterprises (SMEs) Although the bank has reached adequate levels of asset quality, nonperforming assets (NPAs) are still negatively influenced by loans generated at the old bank Low efficiency stemming from still-high operating costs Liability-sensitive balance sheet with a significant negative gap in terms of maturity The ratings are underpinned by the improved financial...

Companies mentioned in this report are:
- Scotiabank Inverlat, S.A.
- The Bank of Nova Scotia
- Montreal Trust Co.
- Montreal Trust Co. of Canada
- Scotiabank Europe PLC
- BNS Capital Trust
- National Trust Co.
- Scotiabank Capital Trust

Action: Review

Standard and Poors RatingsXpress Credit READ MORE >

- Scotiabank Inverlat, S.A.
- The Bank of Nova Scotia
- Montreal Trust Co.
- Montreal Trust Co. of Canada
- Scotiabank Europe PLC
- BNS Capital Trust
- National Trust Co.
- Scotiabank Capital Trust

Note: Product cover images may vary from those shown

RELATED PRODUCTS