Permanent TSB said it has seen mortgage applications spike in recent months, weeks after its results for last year showed it was lagging rivals in the sector. 

"I think we improved the offer this year and the performance in mortgage applications has spiked up quite markedly," Chairman Alan Cook told reporters at the bank's AGM in Dublin today. 

The lender's chief executive Jeremy Masding said he would be pleased if the bank could get back to a low double-digit share of the Irish mortgage market this year.

Shares in the bank fell in March after it reported just a 2% rise in mortgage lending last year.