May 31, 2016 / 12:37 PM / in a year

BRIEF-Scotiabank says credit lines cut for most energy clients

May 31 (Reuters) -

* Scotiabank cro says expects provisions for credit losses to move lower in q3

* Scotiabank cro says now completed more than 70 percent of spring borrowing base redeterminations

* Scotiabank cfo says more than 80 percent of transactions being done outside branches

* Scotiabank cro says expects this quarter’s higher loan loss ratio to be peak level for year

* Scotiabank Cro Says Cut Credit By Average 20 Pct For Three Quarters of clients in redeterminations Source text for Eikon: Further company coverage: [ ] (Reporting By Matt Scuffham)

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