Wed 05 May 2007NIB's lending increases by 55%National Irish Bank (NIB) reported a 55 per cent increase in
total lending in the first quarter, boosted by the ongoing
popularity of its LTV (loan-to-value) mortgage product.Releasing results yesterday for the three months to the end of
March, the bank said that it had also made good progress in the SME
(small and medium-sized enterprise) and corporate banking
markets.