The Bank of Nova Scotia (BNS) is poised to have a strong 2012 in spite of global and domestic economic uncertainty.
In Q1 2012, the Bank of Nova Scotia reported a profit of $1.436 billion, up 15% from Q1 last year. The bank reported Q1 revenues of $4.647 which was also up 9.8% over last year. The profits were supported by the Canadian banking segments’ higher loan volumes and a gain on the sale of real estate assets.
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