financial performance 3q09
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income was higher from loan growth and lower funding costs, while non-interest income rose due to higher treasury customer flows and trading gains as well as asset disposal
Non-interest income fell 4% from the previous quarter to $145 million as an increase in investment banking and wealth management fee income was offset by lower income from
Net profit rose to $190 million from $130 million in the previous quarter as non-interest income increased while expenses and allowances were lower. Net interest income of
Compared to a year ago, net profit rose 78% as higher net interest and non-interest income and lower allowances were partially offset by an increase in expenses.
Net profit improved from $65 million in the previous quarter to $190 million as non-interest income rose and both expenses and allowances declined. Net interest income decreased
Enterprise Banking’s (EB) net interest income fell from both comparative periods as higher loan volumes and margins were more than offset by lower deposit margins..
Global Financial Markets’ (GFM) net interest income rose from both comparative periods due to higher contributions from money markets, while non-interest income declined due to
Compared with fourth quarter 2004, net profit after tax declined 6% due to lower operating income, partly offset by lower operating expenses and lower provision charges.. DBS Bank
