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Permanent TSB Reports Strong H1 2024 Performance
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Permanent TSB Reports Strong H1 2024 Performance

permanent tsb Group Holdings (GB:PTSB) has released an update.

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Permanent TSB Group Holdings has reported a robust first half of 2024, with a €75 million profit before tax and a significant year-on-year increase in net interest income, deposits, and business lending. The bank has strengthened its position in the Irish retail banking market, offering competitive deposit rates and mortgage products, while also supporting the Irish economy with up to €2 billion in new lending. Additionally, the bank has secured an investment grade status, issued successful Green MREL eligible notes, and remains focused on delivering sustainable returns for shareholders.

For further insights into GB:PTSB stock, check out TipRanks’ Stock Analysis page.

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