DBS 3Q17 media briefing
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Total income increased 11% to $4.53 billion from higher loan volumes, increased fee contributions from wealth management, investment banking and cards, partially offset by
Total income grew 5% to $2.49 billion as net interest income rose 8% to $1.58 billion from loan growth and better margin, and treasury customer flows and loan- related fees
Trading income (including net income from financial instruments designated at fair value) rose 45% to $188 million as trading gains and income from treasury customer flows
For the fourth quarter, total other non-interest income rose 18% from the previous quarter to $294 million from higher net gain on fixed assets, which amounted to $41 million
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
For the first half, net trading income rose 5% from a year ago to $425 million as a 12% increase in income from treasury customer flows was partially offset by lower trading
Fourth-quarter net profit rose 8% from a year ago to $731 million, driven by higher net interest income partially offset by higher general allowances.. Compared to the previous
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
