Permanent TSB says it still has no option but to sell thousands of home loans despite giving out over a billion euro in new lending.
The bank's annual results out today show it has increased its share of the mortgage market to almost 13%.
It also made its first profit in a decade last year, making €40 million after tax.
But CEO Jeremy Masding says they are still going ahead with plans to sell mortgages in arrears.
"We've used all the options available to us. Short-term treatments, long-term treatments, mortgage-to-rent, assisted voluntary sale," he said.
Our track record in supporting customers in financial difficulty show's we're not short of managerial focus nor compassion. What we're now short of is options.