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Dublin: 8 °C Monday 19 November, 2018

#PTSB

# ptsb - Thursday 27 September, 2018

Poll: Does the €500,000 salary cap for bankers at State-owned institutions need to be reviewed? Your Say This post contains a poll

Poll: Does the €500,000 salary cap for bankers at State-owned institutions need to be reviewed?

It’s worried that staff at Irish banks could be attracted by more lucrative job offers.

Donohoe says bankers' pay cap of €500k is 'worth reviewing' as State-owned banks can't keep staff

The finance minister said State-owned banks are finding it difficult to retain staff due to wage competition.

# ptsb - Thursday 6 September, 2018

Finance Minister says it's up to PTSB if it wants to appear before the finance committee over loan sale

Last month, PTSB sold its controversial Project Glas loan portfolio to an affiliate of the so-called vulture fund Lone Star for around €1.3 billion.

# ptsb - Tuesday 4 September, 2018

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

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

# ptsb - Saturday 18 August, 2018

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

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

# ptsb - Tuesday 14 August, 2018

'We own some of the banks, but we don't run the banks': Minister says government can't stop vulture fund sales

Questions have been mounting as to where Finance Minister Paschal Donohoe is in the midst of this summer’s vulture fund sell off.

# ptsb - Wednesday 8 August, 2018

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

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

# ptsb - 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'

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

# ptsb - Sunday 5 August, 2018

PTSB defends timing of letters to homeowners about mortgage sale to vulture fund

The announcement was made about the loans earlier this week – and it has since emerged that the portfolio included performing loans.

# ptsb - Wednesday 1 August, 2018

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

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

# ptsb - Tuesday 31 July, 2018

PTSB sells thousands of home loan mortgages to vulture fund

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

# ptsb - Monday 2 April, 2018

'It's a bit scary' - in the buildup to Brexit, cross-border mortgages are looking increasingly hard to come by

Those working in the North and living in the Republic have limited options at present when it comes to mortgage finance.

# ptsb - Saturday 24 February, 2018

Here's What Happened Today: Saturday

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

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.

Dealing with a vulture fund - how these families have coped

With tens of thousands of mortgage holders potentially facing vulture funds, we spoke to some people who’ve been through it already.

# ptsb - Thursday 22 February, 2018

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

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

# ptsb - Wednesday 21 February, 2018

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

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

# ptsb - Tuesday 20 February, 2018

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

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

# ptsb - Thursday 15 February, 2018

'You're throwing people to the vulture funds': Government criticised for taking no action to halt PTSB loan sale

PTSB, which is 75% owned by the State, states it is selling off non-performing loans.

# ptsb - Friday 13 October, 2017

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

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

# ptsb - Thursday 12 October, 2017

Couple affected by tracker mortgage scandal suffered stroke and nervous breakdown

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

# ptsb - Thursday 28 September, 2017

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

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

# ptsb - Tuesday 13 December, 2016

PTSB employees vote overwhelmingly in favour of industrial action

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

# ptsb - Monday 5 December, 2016

Double mortgage payments taken from some Permanent TSB customers

It’s understood that around 300 customers were affected.

# ptsb - Tuesday 29 November, 2016

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

222 tracker mortgage customers were affected.

# ptsb - Sunday 27 November, 2016

'The rage inside me was getting stronger': Ireland's top bankers face grilling on mortgages and repossessions

Three of Ireland’s top bankers were before an Oireachtas committee to talk about the state of Irish banking system.

# ptsb - Monday 25 July, 2016

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

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

# ptsb - Friday 3 July, 2015

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

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

# ptsb - Tuesday 28 April, 2015

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

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

# ptsb - Saturday 25 April, 2015

Over 1,000 staff at AIB are on over €100,000 a year

That means they make up 1% of Ireland’s high earners.

# ptsb - Thursday 27 November, 2014

PTSB card rejected at the till tonight? The problem should be fixed now

People all over the country have had their cards rejected today.

# ptsb - Sunday 26 October, 2014

Report card in... Permanent TSB has an €855m shortfall

The group confirmed that it has already “provided for” over 80% of the shortfall .

# ptsb - Wednesday 22 October, 2014

Why one Irish bank will probably fail European stress tests, but you shouldn't worry (much)

Results will come out on Sunday. Don’t they know it’s a long weekend?

# ptsb - Saturday 4 October, 2014

Permanent TSB hit by 'short-term' technical glitch

But don’t worry, it’s all fixed now.

# ptsb - Tuesday 19 August, 2014

PTSB reports 62% drop in half-year operating loss – and 362% increase in mortgage lending

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.

# ptsb - Friday 15 August, 2014

Was it legal? High Court refers PTSB bail-out case to Europe

The High Court could not rule on whether the move was legal.

# ptsb - Sunday 27 July, 2014

Permanent TSB says problem with debit cards should be fixed now

Customers have been unable to withdraw money from ATMS or use their cards to pay for things.

# ptsb - Tuesday 17 June, 2014

Stop paying your mortgage. Don't leave your home - new advice from the IMHO

The IMHO is playing hardball, and will today launch a controversial ‘no surrender’ policy on debt solutions.

# ptsb - Wednesday 21 May, 2014

PTSB has reduced problem mortgages to one-tenth of peak levels

The bank has urged struggling customers to get in touch, with the prospect of legal action also on the table.

# ptsb - Thursday 1 May, 2014

European Bank Holiday leaves employees without wages despite early warnings

No interbank transaction can take place across the EU today.

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