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Half Year 2022 Permanent TSB Group Holdings PLC Earnings Call Transcript
Good morning, and welcome to the 2022 interim results presentation. I'm going to give a short presentation on the progress the bank has made in the first half of 2022, and our Interim CFO, Declan Norgrove, will provide more detail on the financial performance. And after that, Declan and myself will be more than happy to take questions.
So we're going to move to Slide 4, which is a summary of our performance. The first half of 2022 saw some significant milestone achievements on our transformational journey for -- on the transformational journey for Permanent TSB with the approval from the Competition and Consumer Protection Commission, or the CCPC, coupled with the bank's shareholder approval to complete the acquisition of approximately EUR 7.6 billion of Ulster Bank retail, SME and asset finance business in the Republic of Ireland. While the transaction is still subject to regulatory approval, we are on course to complete it across quarter 4 of this year and into quarter 1 of next year.
Performance in the
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