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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(...)

Taoiseach Leo Varadkar told the Dáil on Tuesday the bank had not yet sold any of the loans and had not identified a prospective buyer. Photograph: Alan Betson

Permanent TSB’s non-performing mortgage loans may be sold to a regulated bank or another institution, Taoiseach Leo Varadkar has said. He told the D(...)

Bank of Ireland has been upgraded to “outperform” by Exane

Investment company Exane has upgraded its view on Bank of Ireland and Permanent TSB (PTSB) while downgrading AIB. In her note to clients, Alicia Chu(...)

Permanent TSB. Photograph: Alan Betson

Permanent TSB (PTSB) has signed up to an initiative which aims to keep customers in mortgage difficulties in their own homes provided they qualify for(...)

Central Bank governor Philip Lane is appearing before the Oireachtas finance committee. Photograph: Cyril Byrne

The culpability of senior bankers working in the State’s main lenders will be investigated as part of the Central Bank’s enforcement actions over the (...)

Miniland at Legoland Windsor. Merlin shares edged higher by 1.2p to 369.3p amid news that it would invest £265 million to open a Legoland theme park in New York as it presses ahead with global expansion plans.

Shares rose as the euro fell on the back of news that the European Central Bank would begin cutting its bond buying programme in January. Dublin Th(...)

 Minister for Finance Paschal Donohoe. Photograph: Brenda Fitzsimons

So, is the tracker scandal over? No, it’s not. Most of those who had money wrongly (and possibly illegally) taken off them will be paid recompense by(...)

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