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PTSB mortgage market share rises to 17.9% in Q1 Bank’s new mortgage lending grew by 30%, outperforming wider market about 4 hours ago   Permanent TSB said on Wednesday that its share of the Irish mortgage market rose to 17.9 per cent in the first quarter of the year as new lending picked up from the same period last year, which was hit by the initial shock of the Covid-19 crisis. The bank’s new mortgage lending grew by 30 per cent in the year to €400 million, outperforming the wider market, which grew by 7 per cent, it said in a trading statement. The bank was responsible for 15.3 pe...

If you’re an Ulster Bank or KBC customer you might be wondering what to do with your mortgage

As both banks prepare to leave the Irish market, customers have some options

Ulster Bank returns to profit as exit plans advance Loan book dipped by €200m to €19.8bn during the first three months of the year about 4 hours ago Updated: about an hour ago   UlsterBank swung into an operating profit of €13 million in the Republic in the first quarter of the year as it freed up money that was previously set aside to cover bad loans, while its UK parent said that plans to wind down the unit over the coming years remain “on track”. The Dublin-based lender’s loan book dipped by €200 million to €19.8 billion during the first three months of the year,...

Bank of Ireland, for example, is a tied agent of New Ireland, which means that the “vast majority” of the investment products it offers, the bank says, comes from its subsidiary. Similarly, AIB offers products from Irish Life, such as its MAPS range of funds, as does Permanent TSB, Ulster Bank and EBS. KBC Bank is a tied agent of Irish Life for its insurance products, but distributes investment products from KBC Asset Management, an affiliate within the Belgian financial services group. If you opt for a bank for your investment advice, you’ll be limited to a small pool of ass...