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#Permanent TSB

# permanent-tsb - Today’s News

Irish banks want to take on Revolut together — but why has the competition watchdog 'rejected' them?
# The Banks
# The Banks

Irish banks want to take on Revolut together — but why has the competition watchdog 'rejected' them?

38 minutes ago 2,162 Views 4 Comments

Why has it taken so long for Irish banks to address competition from fresh-faced fintech companies?

# permanent-tsb - Sunday 9 August, 2020

'There are people working in their bedrooms keeping the banking system going and this is their reward'
# The Banks
# The Banks

'There are people working in their bedrooms keeping the banking system going and this is their reward'

Aug 9th 2020, 12:05 AM 108,924 Views 33 Comments

Bank of Ireland redundancies ‘surprised’ the general secretary of the Financial Services Union.

# permanent-tsb - Thursday 9 July, 2020

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'
# The Banks
# The Banks

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'

Jul 9th 2020, 2:26 PM 20,536 Views 46 Comments

Developments in recent days have undermined the banks’ positions.

# permanent-tsb - Tuesday 18 June, 2019

Bank bosses may face fines and sanctions in the future, but won't get jail time under new law
# Central Bank
# Central Bank

Bank bosses may face fines and sanctions in the future, but won't get jail time under new law

Jun 18th 2019, 9:00 PM 11,862 Views 34 Comments

The new laws were drawn up in the wake of the tracker-mortgage scandal.

# permanent-tsb - Saturday 1 June, 2019

Central Bank urged to ensure banks don't pass on tracker scandal fines to customers
# Regulation
# Regulation

Central Bank urged to ensure banks don't pass on tracker scandal fines to customers

Jun 1st 2019, 9:30 AM 16,822 Views 99 Comments

This week Permanent TSB was fined €21 million for regulatory breaches.

# permanent-tsb - Thursday 30 May, 2019

Permanent TSB fined record €21 million over tracker mortgage scandal
# Might Fine
# Might Fine

Permanent TSB fined record €21 million over tracker mortgage scandal

May 30th 2019, 2:07 PM 37,117 Views 60 Comments

PTSB has apologised “unreservedly” to the customers affected by the tracker mortgage scandal.

# permanent-tsb - Tuesday 2 October, 2018

Problem over payment of child benefit to Irish parents 'resolved' following industry-wide banking issue
# Delayed Payment
# Delayed Payment

Problem over payment of child benefit to Irish parents 'resolved' following industry-wide banking issue

Oct 2nd 2018, 2:28 PM 38,915 Views 71 Comments

Customers with An Post, Ulster Bank and PTSB have been affected.

# permanent-tsb - Friday 7 September, 2018

343 homes repossessed over mortgage arrears during second quarter of 2018
# Mortgage Crisis
# Mortgage Crisis

343 homes repossessed over mortgage arrears during second quarter of 2018

Sep 7th 2018, 5:50 PM 36,804 Views 84 Comments

Tens of thousands of people are still feeling the effects of the mortgage crisis ten years later.

# permanent-tsb - Tuesday 4 September, 2018

Mortgage-holders caught up in PTSB loan sale to be invited to tell of the turmoil it has caused
# Vulture Funds
# Vulture Funds

Mortgage-holders caught up in PTSB loan sale to be invited to tell of the turmoil it has caused

Sep 4th 2018, 6:40 PM 16,926 Views 43 Comments

Sinn Féin’s finance spokesperson Pearse Doherty said a full committee session should be dedicated to the loan book sale.

# permanent-tsb - Saturday 18 August, 2018

'Mary' is recovering from cancer and her mortgage - in €29k arrears - has been sold to a vulture fund
# Sell Off
# Sell Off

'Mary' is recovering from cancer and her mortgage - in €29k arrears - has been sold to a vulture fund

Aug 18th 2018, 6:30 AM 43,934 Views 97 Comments

‘Mary’ has been out of work since her cancer diagnosis. She had no idea her mortgage was to be sold to a vulture fund.

# permanent-tsb - Wednesday 8 August, 2018

'Where's Paschal?': Calls for political leadership as PTSB mortgage sale to vulture fund to proceed
# Sell Off
# Sell Off

'Where's Paschal?': Calls for political leadership as PTSB mortgage sale to vulture fund to proceed

Aug 8th 2018, 6:34 PM 19,347 Views 69 Comments

The bank has confirmed that performing loans and customers who have engaged will also be sold off.

# permanent-tsb - Monday 6 August, 2018

Shane Ross: 'I'm sorry some people will lose part of their front gardens, but it's in the national interest'
# Interview
# Interview

Shane Ross: 'I'm sorry some people will lose part of their front gardens, but it's in the national interest'

Aug 6th 2018, 6:05 AM 48,389 Views 59 Comments

In an interview with TheJournal.ie, Shane Ross also says the government needs to have more of a say in State-owned banks.

# permanent-tsb - Wednesday 1 August, 2018

Calls for Dáil to be recalled after PTSB sell thousands of home loans to vulture fund
# Sell Off
# Sell Off

Calls for Dáil to be recalled after PTSB sell thousands of home loans to vulture fund

Aug 1st 2018, 9:57 AM 39,288 Views 127 Comments

The bank sold its controversial Project Glas loan portfolio to a so-called vulture fund for around €1.3 billion.

# permanent-tsb - Tuesday 31 July, 2018

PTSB sells thousands of home loan mortgages to vulture fund
# Sell Off
# Sell Off

PTSB sells thousands of home loan mortgages to vulture fund

Jul 31st 2018, 8:10 PM 39,557 Views 136 Comments

A total of 7,400 are owner-occupier mortgages, while 3,300 are buy-to-let properties.

# permanent-tsb - Thursday 22 March, 2018

Even PTSB customers who are meeting revised loan terms will have mortgages sold to vulture funds
# Vultures
# Vultures

Even PTSB customers who are meeting revised loan terms will have mortgages sold to vulture funds

Mar 22nd 2018, 1:41 PM 20,906 Views 100 Comments

Executives blamed the European regulator for the classification of these loans as non-performing.

# permanent-tsb - Friday 9 March, 2018

Grafton Street branch of PTSB occupied by anti-vulture fund demonstrators
# Permanent TSB
# Permanent TSB

Grafton Street branch of PTSB occupied by anti-vulture fund demonstrators

Mar 9th 2018, 4:00 PM 19,669 Views 103 Comments

The protesters accuse the bank of putting the lives of people in almost 20,000 households in jeopardy.

# permanent-tsb - Saturday 24 February, 2018

Here's What Happened Today: Saturday
# News Fix
# News Fix

Here's What Happened Today: Saturday

Feb 24th 2018, 8:02 PM 11,113 Views 2 Comments

A murder investigation in Sligo, Fianna Fáil’s rising popularity and the death of British actress Emma Chambers…

PTSB chief refuses to appear before Finance Committee next week over loan sale
# Vulture Funds
# Vulture Funds

PTSB chief refuses to appear before Finance Committee next week over loan sale

Feb 24th 2018, 7:35 AM 16,952 Views 58 Comments

The bank recently announced it is to sell off a €3.7 billion portfolio of non-performing loans, including mortgages 14,000 private dwelling homes.

# permanent-tsb - Thursday 22 February, 2018

Harris on PTSB home loan sale: 'It's time to see a bit of humility from our banks'
# Vulture Funds
# Vulture Funds

Harris on PTSB home loan sale: 'It's time to see a bit of humility from our banks'

Feb 22nd 2018, 4:02 PM 18,565 Views 88 Comments

Sinn Féin’s Pearse Doherty said the bank has been asked to appear before the Oireachtas Finance Committee next week.

# permanent-tsb - Wednesday 21 February, 2018

Minister concedes homeowners who engaged with PTSB may not have deals honoured
# Vulture Funds
# Vulture Funds

Minister concedes homeowners who engaged with PTSB may not have deals honoured

Feb 21st 2018, 3:44 PM 23,618 Views 122 Comments

PTSB, which is 75% State owned, has been defending its plan to sell off a book of non-performing loans.

# permanent-tsb - Tuesday 20 February, 2018

'Many have made no payments at all for years': PTSB defends controversial €3.7 billion mortgage sell off
# Political Battle
# Political Battle

'Many have made no payments at all for years': PTSB defends controversial €3.7 billion mortgage sell off

Feb 20th 2018, 8:42 PM 39,278 Views 189 Comments

The proposed sell-off has become the subject of a political battle in recent days.

# permanent-tsb - Tuesday 6 February, 2018

Tracker scandal: Just a quarter of PTSB customers who lost homes have appealed
# Compensation
# Compensation

Tracker scandal: Just a quarter of PTSB customers who lost homes have appealed

Feb 6th 2018, 8:01 PM 12,942 Views 22 Comments

Sinn Féin’s Pearse Doherty said there was an “onus” on the banks to get in contact with these customers.

# permanent-tsb - Wednesday 20 December, 2017

Here's how many customers each of the main banks say they overcharged
# Tracker Mortgage Scandal
# Tracker Mortgage Scandal

Here's how many customers each of the main banks say they overcharged

Dec 20th 2017, 3:58 PM 22,432 Views 26 Comments

Some of the banks have increased their numbers significantly.

# permanent-tsb - Friday 13 October, 2017

More than 30,000 people may be affected by tracker scandal - double the Central Bank's estimate
# Expert Opinion
# Expert Opinion

More than 30,000 people may be affected by tracker scandal - double the Central Bank's estimate

Oct 13th 2017, 12:05 AM 13,439 Views 51 Comments

Financial advisor Padraig Kissane said many people who should be included in the current redress process have been told they are not impacted.

# permanent-tsb - Thursday 12 October, 2017

Couple affected by tracker mortgage scandal suffered stroke and nervous breakdown
# Justice
# Justice

Couple affected by tracker mortgage scandal suffered stroke and nervous breakdown

Oct 12th 2017, 3:37 PM 27,975 Views 62 Comments

A number of customers affected by the error shared stories today of the hardship it caused.

# permanent-tsb - Thursday 28 September, 2017

PTSB says it won't pay corporation tax over the next 21 years
# Bailed-out Banks
# Bailed-out Banks

PTSB says it won't pay corporation tax over the next 21 years

Sep 28th 2017, 12:52 PM 22,275 Views 88 Comments

PTSB said the “accounting principle” is something it is obliged to comply with.

# permanent-tsb - Wednesday 6 September, 2017

Permanent TSB to offer some landlords a chance to write-off their debt
# Non-performing Loans
# Non-performing Loans

Permanent TSB to offer some landlords a chance to write-off their debt

Sep 6th 2017, 10:18 AM 18,567 Views 63 Comments

There are no plans at present to extend the offer to mortgage customers of private households.

# permanent-tsb - Wednesday 9 August, 2017

Quarterly charges jump from €3.18 to €18 for some Permanent TSB customers
# Permanent Jump
# Permanent Jump

Quarterly charges jump from €3.18 to €18 for some Permanent TSB customers

Aug 9th 2017, 6:01 AM 29,508 Views 25 Comments

The bank says these charges bring Permanent TSB in line with competitors.

# permanent-tsb - Tuesday 13 December, 2016

PTSB employees vote overwhelmingly in favour of industrial action
# Unite
# Unite

PTSB employees vote overwhelmingly in favour of industrial action

Dec 13th 2016, 7:32 PM 13,022 Views 52 Comments

Unite trade union members at the bank have rejected a Labour Court pay recommendation.

# permanent-tsb - Monday 5 December, 2016

Double mortgage payments taken from some Permanent TSB customers
# It Error
# It Error

Double mortgage payments taken from some Permanent TSB customers

Dec 5th 2016, 7:28 PM 19,350 Views 31 Comments

It’s understood that around 300 customers were affected.

# permanent-tsb - Tuesday 29 November, 2016

Permanent TSB company fined €4.5 million for "serious failings" dealing with tracker mortgages
# Tracker Mortgages
# Tracker Mortgages

Permanent TSB company fined €4.5 million for "serious failings" dealing with tracker mortgages

Nov 29th 2016, 6:14 AM 9,629 Views 7 Comments

222 tracker mortgage customers were affected.

# permanent-tsb - Monday 25 July, 2016

Six mortgage holders win compensation of up to €25k from PTSB
# High Court
# High Court

Six mortgage holders win compensation of up to €25k from PTSB

Jul 25th 2016, 7:20 PM 22,537 Views 10 Comments

Permanent TSB admitted last year that it wrongly moved customers on tracker loans to more expensive mortgages.

# permanent-tsb - Friday 8 January, 2016

This bank is going to offer you cash for your mortgage
# Cashback
# Cashback

This bank is going to offer you cash for your mortgage

Jan 8th 2016, 8:27 AM 28,866 Views 41 Comments

Permanent TSB is to become the second Irish bank to offer cash back on home loans.

# permanent-tsb - Wednesday 5 August, 2015

'We have two young kids, €320 a month is a massive amount to be overcharged by'
# Permanent TSB
# Permanent TSB

'We have two young kids, €320 a month is a massive amount to be overcharged by'

Aug 5th 2015, 10:45 PM 44,573 Views 104 Comments

A mortgage customer says the compensation he’s been offered is “simply not good enough”.

# permanent-tsb - Wednesday 29 July, 2015

Take a look at a note the under-pressure PTSB boss made for himself
# Mortgages
# Mortgages

Take a look at a note the under-pressure PTSB boss made for himself

Jul 29th 2015, 9:29 AM 29,300 Views 37 Comments

Jeremy Masding faced a grilling yesterday.

Permanent TSB boss: 'I'm sorry, but we inherited these problems'
# Mortgages
# Mortgages

Permanent TSB boss: 'I'm sorry, but we inherited these problems'

Jul 29th 2015, 8:56 AM 11,403 Views 28 Comments

Jeremy Masding said the bank’s problems stem to before he took the reins.

# permanent-tsb - Tuesday 28 July, 2015

'We are truly sorry': PTSB says 22 people lost homes because of its mistakes
# In Arrears
# In Arrears

'We are truly sorry': PTSB says 22 people lost homes because of its mistakes

Jul 28th 2015, 10:35 PM 50,348 Views 85 Comments

The admission comes as the company turned its first profit on its core business in eight years.

# permanent-tsb - Friday 3 July, 2015

Did Noonan's warning work? More banks cut mortgage rates
# Finally
# Finally

Did Noonan's warning work? More banks cut mortgage rates

Jul 3rd 2015, 4:24 PM 18,544 Views 22 Comments

Good news for some mortgage holders – depending on which bank they’re with.

# permanent-tsb - Friday 22 May, 2015

Michael Noonan warns banks: Cut your interest rates or else...
# The Boss
# The Boss

Michael Noonan warns banks: Cut your interest rates or else...

May 22nd 2015, 12:25 PM 15,251 Views 72 Comments

“Happy customers make for profitable banks,” the finance minister said today.

# permanent-tsb - Tuesday 28 April, 2015

Will Permanent TSB be able to pay back its bailout cash after all?
# IOU Lots Of Money
# IOU Lots Of Money

Will Permanent TSB be able to pay back its bailout cash after all?

Apr 28th 2015, 12:21 PM 13,648 Views 39 Comments

The bank certainly seems to think so. And Michael Noonan too.

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