Permanent TSB won't cut rates on mortgages - it wants to boost profits from them instead
The bank is about to go on a fundraising drive.
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The bank is about to go on a fundraising drive.
Interest rates in Ireland are way out of step with the rest of Europe.
The bank wants to raise €525 million from private investors and most of that will go to the government.
This follows moves by First Permanent TSB and Bank of Ireland.
However, it could work in your favour.
But only new customers will reap the full rewards.
There was no escaping Michael O’Leary, Irish Water or Apple’s world domination.
The bank’s boss said its lending costs were still higher than those of bigger competitors.
The bank failed the latest ECB stress test after an €855 million shortfall was identified.
Bloomberg are reporting that the bank failed on the most extreme scenario.
But don’t worry, it’s all fixed now.
People are more likely to switch car insurance or electricity providers but could a bank account switch save you some money?
Group chief executive says PTSB is making “huge progress on the arrears problem” and eight out of ten PTSB customers in arrears are engaging with the group.
The High Court could not rule on whether the move was legal.
Customers have been unable to withdraw money from ATMS or use their cards to pay for things.
David Hall has criticised the decision of the bank and its sub-prime unit for its decision to sell the two loan books of impaired mortgages.
*Well, it’s more of the building that contains the bank instead of the actual bank, but still…
The bank has urged struggling customers to get in touch, with the prospect of legal action also on the table.
No interbank transaction can take place across the EU today.
That’s the question the European Banking Association is going to ask this year.
Good morning. Here’s everything you need to know this morning as you start your weekend.
The men are scheduled to appear at a special sitting of Gorey District Court this evening.
Officials from Permanent TSB told the Oireachtas finance committee that 85 per cent of customers offered a split-mortgage had agreed to the deal.
Everything happening in Leinster House today.
The last time bank executives provided updates to the Finance Committee they were criticised for not being direct enough.
The bank says the next step is to exit state ownership.
Both transactions, made by Allied Irish Bank and Permanent TSB, were met with strong demand.
The Taoiseach and Minister of State for Tourism are calling for companies to put extra resources into protecting customer’s card details.
A demonstration against the transfer of the body into the management of PTSB has been taking place this afternoon.
The bank will attempt to defy a stagnant housing market by attracting new investors to a mortgage-backed security.
All salaries were paid before deadline, but there was a delay experienced.
Breaking via The Mire wire: Sean O’Rourke and Pat Kenny to wrestle, homeowner professes their love for Permanent TSB, and bankers mistreat their politicians.
Good morning! Here are nine things you want to know as you start your day
Sinn Féin’s Pearse Dohery says that he has met with a family who were advised to clear arrears of €300 by selling their home, something the PTSB CEO says he is “not aware” of.
Everyone’s talking about two reports into suicide in Ireland, a major crash on a motorway, and the Dublin mayor who’s giving himself a pay cut…
Stephen Donnelly says that the bank’s response was “deeply disappointing” and says that the crisis is not one of arrears, it is one of debt.
Jeremy Masding says he is confident that the bank has a future and says that 2,200 staff are working hard to compete in Ireland.
Good morning! Here are nine things you want to know as you start your day
Bank of Ireland, AIB and Ulster Bank chiefs have all been questioned over the past few days – and now it’s the turn of PTSB.
Members of the Oireachtas Finance Committee took exception to Jim Brown’s repeated assertion this afternoon that “there is a cost to living in a home”.