The company’s Corporate Banking business provides origination and execution for EU27 customers. Corporate lending is currently the most significant component of SIDAC’s business activities. The corporate loan portfolio comprises revolving and non-revolving credit facilities to primarily investment grade borrowers across a range of industries where Scotiabank is an established lender and where lending is largely in the form of syndicated or bilateral loans.

The company’s treasury team is primarily responsible for managing SIDAC’s liquidity, funding the business lines and ensuring regulatory compliance for liquidity. This involves wholesale market activities such as: interbank borrowing and lending; and funding & liquidity risk management and market risk (interest rate and foreign exchange) management. The company manages a liquidity portfolio consisting of highly rated bonds issued by sovereigns, supra-nationals, agencies, financial institutions (covered) and high-grade corporations.

In 2021, SIDAC's role was expanded to make it the Scotiabank hub for capital markets in the European Economic Area. This line of business comprises Fixed Income & Currencies (FIC) and Equities. The FIC business is an expansion of Scotiabank’s Global FIC business and is focused on the trading and distribution of fixed income products, primarily cash bonds, repo, derivatives and FX. The business also includes the Collateral Management and Funding business which trades repurchase (repo) and reverse-repo products. The Equities desk undertakes two business activities: they provide a suite of Prime Services products to global asset managers with a particular focus on Canadian & US institutions; and they utilise a range of cash and synthetic equity products to leverage the Company’s balance sheet, generate inventory to fulfil client demands and manage collateral efficiently. Scotiabank employs over 100 people in Dublin.