DBS says interest margin on credit cards shrinks as fee income rises

Ken Chew of DBS Bank's consumer division in Hong Kong said the interest margin - a measure of profitability - on its credit card business declined in the first quarter compared with the same period last year.

via Business feed http://www.scmp.com/business/banking-finance/article/1254451/dbs-says-interest-margin-credit-cards-shrinks-fee-income