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

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...

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