PTSB aiming to be back in the black a year early

PTSB aiming to be back in the black a year early View Gallery
Jeremy Masding, chief executive Permanent TSB Feargal Ward

Chief executive Jeremy Masding says he is transforming his bank into a profitable retail business to challenge AIB and Bank of Ireland, but there’s no clear way out for the state yet

Permanent TSB is holding out the prospect of being profitable sooner than forecast as it looks to tap private investors for €525 million to plug a capital shortfall.

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