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Feb 24 2021, 07:00 GMT
The 2020 loss is not reflective of the progress achieved by PTSB through the capital accretive disposal of the non-core buy-to-let portfolio while also building its mortgage market share through 2020. The successful ongoing rehabilitation of the balance sheet enables PTSB to pursue the transformational opportunity arising from the Ulster Bank Ireland exit to bring scale and develop it as the clear third pillar of the Irish banking system.
Feb 24 2021, 07:00 GMT