Opportunity to grow in under-banked market

Inside Permanent TSB Group, there is a good bank trying to get out.

Whether it is given the chance is a multi-billion euro question.

It has a number of positive things going for it. The chief executive, Jeremy Masding came on board in January 2012. He is very much an old school, plain talking, conservative banker. He knows what a good bank looks like and he know how to get there. He is complemented by a sound management team.