Permanent TSB would suffer ‘catastrophic’ PR backlash over loans sell-off

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Permanent TSB would suffer catastrophic’ PR backlash over loans sell-off Permanent TSB has reported a profit of 40m for 2017, the bank’s first profit since the financial crisis, but said it had no choice on the sale of some of its non-performing loans. Received this email from IGERSLIKE: The Black Friday and Cyber Monday just arrived!

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State owned Permanent TSB said it will look at potentially selling off customer mortgages that are in deep arrears during 2017. At the end of 2016 PTSB had soured loans of 5.9bn including.

Some 2,000 Permanent TSB mortgage holders are selling their property as part of a the bank’s solution to arrears this year, the Oireachtas finance committee heard today. The bank’s "assisted.

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Permanent TSB has reported a profit of 40m for 2017, the bank’s first profit since the financial crisis, but said it had no choice on the sale of some of its non-performing loans.