	bayernverein expects unchanged dividend for bayerische vereinsbank ag bvmg f expects to pay an unchanged dividend of marks on ings but profits will only barely reach last year s record levels management board spokesman maximilian hackl said he told the annual news conference that possible credit risks especially those associated with foreign nations had largely been covered risk provisions in were therefore unlikely to reach the same high level as in group bank net profit rose to mln marks in from mln the previous year and parent bank net profit increased to mln marks from mln hackl said that interest margins in the banking business had declined to pct last year from pct the previous year but in the mortgage sector the margins had increased slightly and stood around pct parent bank commission surplus in the securities business had risen almost pct to mln marks in expenses for personnel had increased pct to mln marks and others costs had increased pct to mln marks the parent bank s partial operating profit which excludes ings from trading on its own account had climbed two pct to mln marks the parent bank s balance sheet total rose pct to billion marks at end compared with end hackl said it was boosted by a three billion mark rise in mortgage business and a billion mark increase in banking business the mortgage sector s share in total parent bank business volume rose to pct from hackl said that in january and february this year the bank s credit business had not livened up but despite the sharp downturn on german bourses profits from trading on own account had increased in the first two months compared with the same year ago period he gave no detailed figures reuter 
