A trading update from Permanent TSB this morning shows that the bank has seen an increase in current account balances and loan drawdowns during 2015.
Balances are 6% higher - and lending is up by 34% year-on-year.
It adds that mortgage drawdowns have been flat - with demand being poorer than expected. The statement adds that it is likely that this is due to a "short-term supply lag."
PTSB says that 76% of the 1,372 cases in its Mortgage Redress Programme have now been dealt with.
It promised up-front payments of €50,000 and €25,000 to 61 people who may have lost properties due to the bank's failure to allow them to return to tracker rates.
These are customers who were wrongly blocked from returning to tracker rates after switching to fixed-rate mortgages.
The bank - which is 75% owned by the State - says that it will make a “sizeable contribution” to the Bank Recovery and Resolution Directive (BRRD) Fund before the end of this year.
