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Scotiabank, which has biggest exposure to oil sector, lifts provision for bad loans by 40 per cent - Financial Post
Financial Post | Scotiabank, which has biggest exposure to oil sector, lifts provision for bad loans by 40 per cent Financial Post Like other Canadian banks, Bank of Nova Scotia took a hit from higher energy-related provisions for loan losses in the second quarter, but a large chunk of the woes were tied to a loan in Colombia that chief executive Brian Porter says he wishes was ... Scotia tops profit estimates as CEO counts on less pain from oil patch |
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