Thursday February 27, 2020

Ian Guider: Permanent TSB struggles to grow lending

Permanent TSB has reported progress on many fronts, just not the one that really matters, writes Ian Guider

Ian Guider

Markets Editor

@ianguider
9th March, 2016
Permanent TSB chief executive Jeremy Masding Pic: Feargal Ward

There has, though, been been some progress for the bank with several key numbers moving in the right direction. It’s net interest margin, the gap between what it pays out on deposits and what it earns on lending, widened by 22 basis points to 1.12 per cent. The number of home loans in arrears of 90 days reduced by a fifth over the last 12 months and even long-term arrears, those more than two years...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The narrative of the Sinn Féin surge suggests that politics in Ireland is becoming more polarised like in the US and Britain, but the reality is far more complex

Colin Murphy | 1 week ago

Bank chief McDonagh says move would create better work environment for young parents and people with caring responsibilities

Killian Woods | 1 week ago

Despite a belated show of independence, the US attorney general has been a willing pawn in Trump’s interference in criminal investigations being carried out by the Department of Justice

Marion McKeone | 1 week ago