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PTSB chief executive Jeremy Masding signalled to the Oireachtas finance committee that a further sale of problem loans may be on the cards. Photograph: Dara Mac Dónaill

When Welsh banker Jeremy Masding became chief executive of Permanent TSB (PTSB) seven years ago, the company was a basket case and he knew there was a(...)

Bank of Ireland and AIB are now paying substantial dividends to the State. Photograph: Paul McErlane/Reuters

Results this week from the three domestic banks – AIB, Bank of Ireland and Permanent TSB – were something of a mixed bag. Increased lending, particula(...)

Dealing with a non-performing mortgage on a family home  is a daily reality for 64,510 borrowers, according to   the Central Bank. Photograph: Sean Gladwell/Getty

The first five years of Mary’s mortgage were uneventful. She bought her house with her partner in 2010, in the teeth of the recession. Despite the eco(...)

When it comes to mortgages, take a look at your broker agreement – you might find a note on how early redemption may involve a commission clawback, and “this may be passed on to you”

Banks like us to think they’re open for business for switching mortgages. They offer attractive incentives such as cashbacks and free legal fees and i(...)

US private-equity firm Lone Star and hedge fund Elliott Management submitted binding final bids for €2.2 billion of non-performing PTSB loans.

Having just two final bidders in the mix for €2.2 billion of non-performing loans (NPL) was probably not what Permanent TSB (PTSB) chief executive Jer(...)

Last year the Government sold a slice of AIB for €3.4 billion. Now the State – which is to say taxpayers – owns 71 per cent of AIB, 14 per cent of Bank of Ireland, and 75 per cent of Permanent TSB.  Photograph: Aidan Crawley/Bloomberg via Getty Images

In a few weeks’ time we will celebrate – though that may not be the correct term – the 10th anniversary of the collapse of Lehman Brothers. Through a (...)

PTSB chief executive Jeremy Masding told the Oireachtas finance committee that the bank intended to reduce its NPLs to a single-digit percentage by March next year. Photograph: Dara Mac Dónaill

Permanent TSB (PTSB) has offered 400 properties to the State’s housing agency as it seeks to remove its stock of about 2,000 properties from its books(...)

A protest at Permanent TSB on Grafton Street to highlight the proposed sale of distressed mortgages to vulture funds. Photograph: Cyril Byrne / THE IRISH TIMES

There will be “significant volumes” of distressed mortgage portfolios sold by the banks this year, with the likes of PTSB and AIB looking to offload l(...)

Permanent TSB: about 28 per cent of its mortgage loans are classed as nonperforming. Photograph: Bryan O’Brien

Damned if they do and damned if they don’t. That’s the way Irish banks view the furore about their planned sales of nonperforming mortgage loans – abo(...)

72 Lower Leeson Street in Dublin 2: ground floor has a reception and large feature boardroom while the upper floors provide a mix of cellular and open-plan space.

A vacant Georgian office building at 72 Lower Leeson Street in Dublin 2 is on the market for €1.25 million through agent Savills. The four-storey-ove(...)

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