financial performance 2Q07
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Non-interest income rose 3%, led by higher contributions from wealth management, investment banking and treasury customer activities, and partially offset by lower trading
Total income declined 2% to $1.26 billion as lower treasury customer and trade activities were partially offset by higher cash management contributions.. Allowances rose from $158
Compared to the previous quarter, income from customer activities rose 20% as higher contributions from foreign exchange and interest rate products were partially offset by
Net interest income rose 2% to $1.18 billion from higher net interest margin and loan volumes, while non-interest income was little changed at $470 million as a decline in
Non-interest income fell 19% from the previous quarter as loan-related fees and trading income declined, which were partially offset by better wealth management revenues and
Compared to the previous quarter, revenues were little changed as lower net interest income was offset by higher non-interest income.. Expenses were higher due to technology
Non-interest income was better than the previous quarter due to capital market and loan syndication fee activities as well as higher trading contributions. Expenses were 4% lower
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