Patrick Honohan, governor of the Central Bank of Ireland: The average rate being charged by Irish banks is 4.51 per cent rather than the 3.47 per cent that has been stated previously in official figures. Photograph: Dara Mac Dónaill/The Irish Times

The appearance last week of Central Bank of Ireland governor Patrick Honohan before the Oireachtas finance committee was both revealing and somewhat d(...)

Wilbur Ross, US billionaire,  pauses during a Bloomberg Television interview in London. Photograph: Chris Ratcliffe/Bloomberg

US billionaire Wilbur Ross, who made a €500 million profit buying shares in Bank of Ireland at the height of the financial crisis, ruled out investin(...)

PTSB deals are considered for customers who have no realistic prospect of repaying their mortgage. Photograph: Alan Betson/The irish Times

Finance Correspondent Permanent TSB is working with 500 mortgage arrears customers on “assisted” sales of their properties with a view to writing off(...)

 Jeremy Masding, chief executive Permanent TSB. The company expects to return to profit by the end of 2016.

Permanent TSB expects to return to profit at the “back end of 2016”, its chief executive Jeremy Masding told the Oireachtas finance committee today.Re(...)

Industry players are looking for an easing of the criteria on loan to value ratios Photograph: Gareth Fuller/PA Wire

Loan to value (LTV) ratios are the talk of the town at the minute thanks to the Central Bank’s decision to publish new rules for lenders around home l(...)

 Jeremy Masding, PTSB group chief executive:  will tell  Oireachtas committee 
that 
there has been significant interest in PTSB’s profitable growth potential.  Photograph: Alan Betson/The Irish Times

Chief executive of Permanent TSB Jeremy Masding will tell the Oireachtas finance committee today there has been “real interest” in the PTSB story fro(...)

Jeremy Masding, PTSB group chief executive at the Permanent TSB headquarters after the publication of pan-European stress tests by the European Central Bank.  Photograph: Alan Betson/The Irish Times

On Thursday night, chief executive Jeremy Masding was given the news he had been expecting: Permanent TSB had failed the adverse scenario of the Europ(...)

Permanet TSB chief executive Jeremy Masding: “On Tuesday morning, we’ll start the journey [of securing funds].”  Photograph: Alan Betson

Permanent TSB and its advisers plan to canvass more than 30 institutional investors and private equity groups in Europe and the US in the coming we(...)

Permanent TSB said today that it has already dealt with 80 per cent of the €854.8 million capital shortfall identified in pan-European stress tests run by the European Central Bank.

Permanent TSB said today that it has already dealt with 80 per cent of the €854.8 million capital shortfall identified in pan-European stress tests ru(...)

Permanent TSB is expected to fail stress tests tomorrow, with a capital shortfall of between €800 million and €1 billion

Permanent TSB said yesterday it was making “continued” progress towards achieving group profitability with its net interest margin “rising steadily”.(...)