Permanent TSB Net Interest Margin Rises as It Cuts Deposit Rates

  • PTSB says expects further improvement in NIM in rest of year
  • PTSB targeting a return to sustained profitability by 2017

Permanent TSB Group Holdings Plc’s net interest margin widened in the third quarter, as a recovering Irish economy paves the way for the mortgage lender’s return to what it calls sustainable profit.

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