SCOTIABANKS ACTIVITIES IN TURKEY

1
SCOTIABANKS ACTIVITIES IN TURKEY
Ms.Nihal Olenik Senior Manager, Turkey Southern
Africa E-mail nihal.olenik_at_scotiabank.com Phone
[phone] Fax [phone]
2
Who are we?

• North Americas premier financial institution.
• Established in Halifax, Nova Scotia in 1832.
• Third largest Canadian bank with assets of CAD
  287bn.
• Business lines Domestic, International and
  Investment
• Banking
• Presence in some 50 countries with 45,000
  employees.
• Canadas most international bank.

3
How do we serve our customers?

• Domestic Banking
• 956 branches and 2,500 ABMs
• Full-range of financial services to 7mm
  customers.
• Scotia Capital
• Corporate Investment Banking
• Full service provider to corporate,
  institutional
• government clients.
• International Banking
• Over a century of international experience.
• 3mm local international customers through BNS
• global network.
• 750 branches, 1600 ABMs in some 50 countries.
• Dominant bank in the Caribbean.
• One of the top ten banks in Mexico.
• Niche markets in Latin America Asia.

4
The globe is ours to serve

5
Scotiabank Turkey

• Coverage since 1996 Relationship Managers are
  natives
• of Turkey.
• Our Main Activities
• Import financing (Short Term)
• Export Pre-export Financing (Short Term)
• Precious Metals activity (Scotia Mocatta)
• Private Banking ( Scotia Immigrant Investor
  Program)

6
Import Financing

• Documentary credits issued by Turkish banks.
• Providing support to the Banks customers.
• Supporting international network of Scotiabank.
• Canadian deals (commodity exports, large coal
  shipments)
• Cooperation with EDC and the Canadian Wheat Board
• US Department of Agriculture with GSM-102.

7
Export Financing

• Syndicated pre-export financing transactions
• BNS mostly at the most senior lender role (MLA)
• Participation in 12 syndicated loans in 2004
• Reciprocity

8
Scotia Mocatta

• Established in 1671 as the worlds first bullion
  trader.
• Scotiabank known as Canadas Gold Bank
• Mocatta was acquired by Scotiabank in 1997.
• Scotia Mocatta in all global trading centres.
• Turkey second largest gold manufacturer in the
  world.
• Gold loan facilities to select Turkish banks.

9
Scotia Immigrant Investor Program

• Scotia Mc Leod - since 1986
• Program designed by the Canadian Ministry of
• Citizenship Immigration.
• Certain requirements need to be satisfied.
• Canadian permanent residency eventual dual
  citizenship.

10
Expectations for 2005 and on

• More active in short-term trade transactions.
• Continue to have a major role in syndications.
• Medium term risk may be acceptable.
• Leading role in supply of gold.