	royal bank sees improved results royal bank of canada in reporting a pct drop in first quarter ings said it expects to report improved results in future ings periods healthy consumer credit growth record fee based income highly profitable securities and foreign exchange trading and a solid capital position combined with the restraint of non interest expenses should lead to improved results in the periods ahead chairman allan taylor said in a statement the bank earlier reported profit for the first quarter ended january fell to mln dlrs from mln dlrs a year ago taylor said loans to the energy sector continue to substantially hurt ings while profitability of the bank s international operations remains weak reflecting resource related difficulties of private and public sector borrowers and unsatisfactory results from capital market activities the bank said ings from domestic operations rose to mln dlrs in the first quarter from mln dlrs a year ago while ings from international operations plunged to mln dlrs from mln dlrs last year royal bank said first quarter international net interest income declined from last year reflecting reduced revenues from international investment banking as well as a significant loss on disposal of its affiliate in trinidad and tobago other income rose to mln dlrs from mln dlrs last year the rise was due to higher commercial banking and retail deposit service fees and higher foreign exchange revenue but lower securities commissions from international investment bank operations partly offset the gains royal bank said the bank said a two billion dlr increase in total assets to billion dlrs was due mainly to continued growth in consumer lending particularly residential mortgages reuter 
