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
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