Wealth and consumer banking delivered stronger results at Singapore's DBS, as reported today.

Income at the consumer banking and wealth management arm of Singapore-headquartered DBS rose 10 per cent year-on-year to S$2.3 billion ($1.7 billion) in the first half of 2017, with all product segments showing results.

The banking group said income from investment products rose by 21 per cent, led by higher sales of treasury products and unit trusts.

DBS logged record net profit of S$2.35 billion for first-half 2017, up 4 per cent from a year ago. Total income reached a half-year high of S$5.81 billion as broad-based loan growth and record fee income offset the impact of a lower net interest margin and weaker trading performance, it said in a statement today.

The bank declared first-half dividends of S$33 cents per share, up 10 per cent from the recent half-yearly payouts, it added.