Permanent TSB announces first profit since 2007

Permanent TSB has announced its first after-tax profit in nine years.

Permanent TSB announces first profit since 2007
Wed, 27 Jul, 2016 - 09:36

Permanent TSB has announced its first after-tax profit in nine years.

The bank, which is 75% owned by the State, posted profits after tax of €80m this morning, as it generates capital for the first time since 2007 – the year before the financial crash.

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