scotiabank quarterly earnings

Scotiabank hits “inflection point” with successful multi-product mortgage strategy

August 29, 2024 No Comments

Deposit growth strategy pays off as Scotiabank strengthens customer relationships amid mortgage volume dip

Scotiabank announces competitive pricing

Scotiabank says variable-rate mortgage clients “showing signs of stress”

May 29, 2024 1 Comment

Scotiabank says high interest rates are increasingly weighing on consumers, resulting in a credit deterioration among its variable-rate mortgage customers.

70% of Scotiabank’s mortgage originations in Q1 were multi-product deals

February 27, 2024 No Comments

Scotiabank is reporting success in its efforts to grow its deposits and increase profitability by doing more cross-selling to new mortgage clients.

Scotiabank continues to slow its mortgage business in favour of multi-product clients

August 30, 2023 1 Comment

Scotiabank continued to deliberately slow its mortgage lending in the third quarter amid heightened economic risk and as part of its plan to be more selective with onboarding new clients.

Scotiabank “intentionally slowing” its mortgage portfolio

March 1, 2023 No Comments

With its new CEO now at the helm, Scotiabank has laid out its plans for a shift in focus in terms of how its funds its loan book.

“The variable customer is in good shape,” says Scotiabank

November 29, 2022 1 Comment

Scotiabank reaffirmed the strength of its variable-rate mortgage portfolio, despite the higher costs faced by borrowers due to rising interest rates.

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