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Nov 7 2022, 08:55 GMT
permanent tsb Group
Completion of first stage of transformational acquisition
- Sectors : Banks
- Companies : permanent tsb Group
DAVY VIEW
The first stage of permanent tsb Group’s (PTSB) transformational acquisition from Ulster Bank Ireland has completed. The transaction will substantially increase the scale of PTSB and together with interest rate increases will improve profitability and returns to sustainable levels. In addition, PTSB continues to experience strong growth in customer numbers as the structural changes in the Irish banking system continue.
