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Permanent TSB Losses Fall To €5m As Ulster Bank Deal Progresses
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Permanent TSB in potential deal for Ulster Bank loans
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Permanent TSB plans to take over €7 6 billion of Ulster Bank loans and 25 branches
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Permanent TSB mortgage drawdowns up 30% in Q1
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Business Editor
Permanent TSB is to invest an additional €50m in its technology infrastructure and digital capability in preparation for a planned significant expansion of customers and services over the coming years.
The money comes on top of the €100m already committed to upgrade its digital services and technology systems. The additional €50 million digital investment announced today complements our commitment to maintaining our branch network and supporting communities nationwide, enabling us to offer customers a seamless digital experience online, as well as personal support and advice in branch or via our open 24 contact centres, said Permanent TSB s Chief Technology Officer Tom Hayes.