Oireachtas Joint and Select Committees
Wednesday, 12 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Banking Sector: Permanent TSB
2:55 pm
Mr. Jeremy Masding:
Yes. To be clear, however, the net interest margin is a function of what we charge for lending and how much we pay for deposits. We still pay a premium over the other banks for our deposits because we do not have a restructuring plan and because of historic issues. Our cost of funds is probably the more important of these considerations.