Two per cent. That was the total increase in mortgage lending at Permanent TSB in 2015. Even in a housing market suffering from a lack of new homes and a sudden jump in how much first-time buyers need to slap down as a deposit, there was no dressing up how bad a performance that was.
PTSB’s chief executive Jeremy Masding has done much to resuscitate the bank, still 75 per cent owned by taxpayers. But in...
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