Barclays analysts said PTSB was making significant progress in becoming the third scale player in Ireland. Photo: Collins
PTSB could be able to compete “more aggressively” in the Irish mortgage market and free up around €250m of capital on its balance sheet, if regulators allowed it to reduce the implied riskiness of its mortgage book, according to analysts at investment bank Barclays.
Analysts recently released a report that examined various areas of the Irish banking sector. These included analysis of PTSB, research into who can compete for mortgage market share in Ireland, and the outlook on net interest margin – a key indicator of bank profitability.
