34 Interest result banking operations

Interest result banking operations

  2007 2006 2005
Interest income on loans 26,390 21,970 18,912
Interest income on impaired loans –26 13 –23
Total interest income on loans 26,364 21,983 18,889
       
Interest income on available-for-sale securities 7,397 6,989 5,989
Interest income on held-to-maturity securities 736 755 639
Interest income on trading portfolio 32,443 21,414 15,237
Interest income on non-trading derivatives 6,190 5,231 5,658
Other interest income 3,619 2,798 1,764
Interest income banking operations 76,749 59,170 48,176
       
Interest expense on deposits by banks 5,131 3,559 2,371
Interest expense on customer deposits and other funds on deposit 18,563 15,107 11,960
Interest expense on debt securities 3,648 3,173 2,911
Interest expense on subordinated loans 1,167 1,132 1,126
Interest on trading liabilities 29,383 18,821 13,369
Interest on non-trading derivatives 6,115 5,159 5,821
Other interest expense 3,766 3,027 1,551
Interest expense banking operations 67,773 49,978 39,109
       
Interest result banking operations 8,976 9,192 9,067

Interest margin

in percentages 2007 2006 2005
Interest margin 0.94 1.06 1.16

In 2007, the growth of the average total assets caused an increase of the interest result amounting to EUR 753 million (2006: EUR 1,040 million; 2005: EUR 1,214 million). The decrease of the interest margin by 12 basis points caused a decrease of the interest result with EUR 1,051 million (in 2006 the decrease of the interest margin by 10 basis points caused a decrease of the interest result with EUR 867 million; in 2005 the decrease of the interest margin by 6 basis points caused a decrease of the interest result with EUR 345 million).

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