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Permanent TSB now not big enough to be included in Central Bank's buffer list

PTSB no longer required to hold extra capital buffer

Permanent TSB will not have to hold an extra buffer of capital from 2019 because it is no longer large enough to be considered a systemically important bank.

Business • 10 Nov 17

Bank of Ireland said yesterday it had identified another 6,000 customers who were wrongly removed from their tracker mortgages

Banks don't rule out further impacted tracker accounts

Banks caught up in the tracker mortgage scandal have not ruled out identifying more impacted accounts.

Business • 10 Nov 17

PTSB said that over 30,000 new current accounts were opened in the first nine months of the year

Permanent TSB to repay tracker customers by year end

Permanent TSB has reiterated that it intends to have compensation paid to all of its 1,971 customers who were affected by the tracker mortgage issue before the end of the year.

Business • 08 Nov 17

Frances Fitzgerald said deadlines are now in place for the banks to address the issue

Trust in banks 'deeply shattered' - Tánaiste

Tánaiste Frances Fitzgerald has said trust in the banks had been deeply shattered by the tracker mortgage scandal.

News • 26 Oct 17

Paschal Donohoe was speaking in the Dáil this evening

Govt 'would use powers' for resolution of tracker issue

Minister for Finance Paschal Donohoe has said he is unambiguously sending out the message that the Government would use powers to force the issue of tracker mortgages to be resolved.

tracker mortages • 26 Oct 17

In many cases people ended up paying hundreds of euro more than they had to on a monthly basis to service their mortgages

Explainer: The tracker mortgage scandal

Answers to some of the common questions surrounding the tracker mortgage scandal

news highlights • 27 Oct 17

Permanent TSB's Group CEO Jeremy Masding has admitted that its bad debts are 'unsustainably high'

Permanent TSB willing to write off some mortgage debts

Permanent TSB is contacting some of its buy-to-let mortgage customers who are in arrears to see if they would surrender the property to the bank, which will then write off any remaining debt on the loan.

Business • 06 Sep 17

PTSB said the bank had a liquidity buffer of €4bn at the time of the breaches and its liquidity position was not impacted during the timeframe when the breach happened

ECB fines PTSB €2.5m for breaching liquidity rules

Permanent TSB has been fined €2.5 million by the European Central Bank for failing to comply with liquidity rules for euro zone banks.

Business • 28 Aug 17

The offer is available to residential mortgage customers with loan approval from Monday 28 August

PTSB to pay borrowers 2% of monthly mortgage repayment

Permanent TSB has launched a new offer for mortgage customers, whereby the lender will pay them 2% of each monthly mortgage repayment.

Business • 25 Aug 17

Permanent TSB exposed as weakest Irish bank

The scale of the task facing Permanent TSB's chief executive Jeremy Masding looks more daunting as the dust settles on the financial crisis.

News • 29 Jul 17

PTSB CEO on the lender's approach to bad loans

Permanent TSB has reported a profit of €53m for the first half of the year, before exceptional items and tax is taken into account.

Business • 26 Jul 17

'Unsustainably high' bad loan levels hit PTSB shares

Permanent TSB shares have fallen more than 12% in Dublin after the lender said the number of non-performing loans on its books remains "unsustainably high

Business • 26 Jul 17

Tom Hayes will join Permanent TSB later this year from AIB where he has worked since 1992

PTSB appoints new Group Chief Technology Officer

Permanent TSB has announced the appointment of Tom Hayes as its new Group Chief Technology Officer, a newly created ExCo position.

Business • 06 Jun 17

Michael McGrath says the Central Bank needs to adopt a rigorous approach on the tracker mortgage examination

All PTSB appeals made so far to IRP successful - Noonan

All of the appeals made so far to the Independent Review Panel by Permanent TSB customers who lost their homes as a result of being wrongly moved from their tracker mortgages have been successful.

Business • 03 May 17

Shane O'Sullivan takes up the new role from his current position as Managing Director of the group's asset management unit

PTSB creates role of Group Director of Operations

Permanent TSB has appointed Shane O'Sullivan as Group Director of Operations.

Business • 23 Mar 17

S&P's said the large stock of non-performing loans remains a key relative weak spot for Irish banks

Irish banks getting better, but risks remain - S&P's

Rating agency Standard and Poor's has said that Irish banks' results for 2016 confirm its belief that the lenders will remain profitable and their balance sheets will continue to improve.

Business • 20 Mar 17

Permanent TSB's CEO Jeremy Masding confident for the future of the bank

Permanent TSB reports after-tax loss of €266m for 2016

Permanent TSB has reported an after-tax loss of €266m for 2016 after €414m of exceptional items - relating to deleveraging and restructuring - are taken into account.

Business • 08 Mar 17

Eamonn Crowley as been named as Permanent TSB's new CFO

Crowley appointed new CFO at Permanent TSB

Permanent TSB Group Holdings has confirmed the appointment of Eamonn Crowley as its Group Chief Financial Officer.

Business • 16 Feb 17

The lender said the sale of these assets has been completed and settled 'in line with the terms set out in the disclosure of the 27 October 2016'

PTSB completes sale of UK loan book to Cerberus

Permanent TSB has completed the sale of its remaining loan book in the UK to an affiliate of Cerberus Capital Management.

Business • 18 Nov 16

Permanent TSB sees challenges ahead, including Brexit, constrained housing supply and rising regulatory costs

Permanent TSB trading in line with forecasts

Permanent TSB has said it continues to trade in line with expectations, and it remains on track to reach its guidance on second half operating expenses and impairments.

Business • 10 Nov 16

Permanent TSB said the proceeds of the sale of its UK loan book will be used to reduce its group borrowings

PTSB completes sale of UK loan book to Cerberus

Permanent TSB has agreed the sale of its remaining loan book in the UK to an affiliate of Cerberus Capital Management.

Business • 18 Nov 16

Permanent TSB adds new non-executive director to its board

Permanent TSB names new non-executive director

Permanent TSB Group Holdings has appointed Andrew Power to its board as a non-executive director.

Business • 27 Sep 16

Capital market conditions for the Irish banks have materially improved, Moody's said

Moody's upgrades Irish banks' deposit ratings

Rating agency Moody's has today upgraded the deposit ratings of three Irish banks - AIB, Bank of Ireland and Permanent TSB.

Business • 20 Sep 16

In its half year results the bank said it had a profit of €117m before tax and exceptional items

PTSB reports first post-tax profit since 2007

Permanent TSB has reported a post-tax profit of €80m for the first six months of the year - the first time the lender has recorded a profit since 2007.

Business • 27 Jul 16

New PTSB current account to pay users each month if they undertake enough transactions

New PTSB account pays customers who use it

Permanent TSB is expected later today to launch a new current account which will pay users each month provided they undertake a sufficient number of debit card and electronic transactions during the period.

Business • 30 May 16

Permanent Tsb

PTSB no longer required to hold extra capital buffer

Banks don't rule out further impacted tracker accounts

Permanent TSB to repay tracker customers by year end

Trust in banks 'deeply shattered' - Tánaiste

Govt 'would use powers' for resolution of tracker issue

Explainer: The tracker mortgage scandal

Permanent TSB willing to write off some mortgage debts

ECB fines PTSB €2.5m for breaching liquidity rules

PTSB to pay borrowers 2% of monthly mortgage repayment

Permanent TSB exposed as weakest Irish bank

PTSB CEO on the lender's approach to bad loans

'Unsustainably high' bad loan levels hit PTSB shares

PTSB appoints new Group Chief Technology Officer

All PTSB appeals made so far to IRP successful - Noonan

PTSB creates role of Group Director of Operations

Irish banks getting better, but risks remain - S&P's

Permanent TSB reports after-tax loss of €266m for 2016

Crowley appointed new CFO at Permanent TSB

PTSB completes sale of UK loan book to Cerberus

Permanent TSB trading in line with forecasts

PTSB completes sale of UK loan book to Cerberus

Permanent TSB names new non-executive director

Moody's upgrades Irish banks' deposit ratings

PTSB reports first post-tax profit since 2007

New PTSB account pays customers who use it

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