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Apr 7 2025, 07:40 IST/BST
permanent tsb Group
Press report on Finance Ireland approach
- Sectors : Banks
- Companies : permanent tsb Group
DAVY VIEW
There is good strategic rationale to a potential acquisition of Finance Ireland by permanent tsb Group (PTSB). It provides additional scale in the SME and asset finance markets, entrance into related markets (CRE) and an ability to fund the loan portfolio at lower rates. PTSB has liquidity and flexibility on its balance sheet to fund the loans, while it also has some surplus equity, which should increase with its IRB model review.
