PTSB grows share of mortgage market to 16.3%

PTSB said total gross loans grew to €21.5bn as of the end of September. 

PTSB has grown its share of the mortgage market to 16.3% following interest rate reductions, the bank has said in its latest trading update.

In the year to the end of September, PTSB’s total gross loans rose to €21.5bn - up from €21.4bn as of the end of June. As of the end of September, the bank’s share of the new mortgage market grew to 16.3% - an increase from the 13.5% at the end of June.