Oireachtas Joint and Select Committees

Wednesday, 12 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Permanent TSB

2:15 pm

Mr. Jeremy Masding:

I thank the Deputy for his kind and supportive words which will mean a great deal to my staff. In terms of the turnaround journey we are on, I expect the bank to be profitable at the back end of 2016 but potentially earlier if the economy continues to grow at the current rate.