News | Latest Breaking News Stories & Headlines

Mairead Kirwan as Head of Compliance (left) and Fiona McMahon as Chief Risk Officer.

PTSB announces two appointments to leadership team

PTSB has announced two senior appointments to the bank's leadership team.

PTSB half year pre-tax profits down 75%, but deposits up

PTSB has reported lower profits and income for the six months to the end of June due to what it called the "more challenging interest rate environment" in which it is operating.

Business • 31 Jul

PTSB launches new in-app voluntary gambling block

PTSB has launched a digital voluntary block for customers who wish to stop card transactions involving gambling.

Business • 25 Jul

NatWest disposed of its 11.7% stake in PTSB at a placing price of €1.98 per share

NatWest sells its remaining stake in PTSB

NatWest Group said it has raised €126m by selling its remaining stake in Ireland's Permanent TSB Group in a placing with institutional investors.

Business • 15 Jul

The proposals for the PTSB staff include a 4% pay agreement

PTSB and unions agree new pay deal for staff

PTSB and its group of unions have agreed a new pay deal for staff at the bank.

Business • 14 Jul

A lower level of financial literacy can impact a person's ability to manage their money - and avoid scams

Many over-estimate their financial literacy - survey

Many people think they are more financially literate than they appear to be, according to a new survey from PTSB.

Business • 30 Jun

Full Frame 100 Euro Banknotes Overhead View

Pay cap scrapped: Will bankers' salaries skyrocket?

More than 15 years after the banking collapse rocked the economy and public trust, the Government has lifted the long-standing cap on bankers' pay.

Business • 21 Jun

PTSB's latest 'Reflecting Business' report shows more and more Irish businesses see the benefits of sustainability initiatives for both their commercial and their environmental benefit

PTSB launches new Sustainability Strategy up to 2027

PTSB has today launched its new Sustainability Strategy, which covers the years from 2025 to 2027, and which will focus on channeling investment and directing impact towards areas that enhance societal wellbeing.

Business • 29 May

Fitch had previously upgraded the bank's rating in February 2024

PTSB gets long term rating upgrade from Fitch

Permanent TSB Group Holdings has welcomed the decision by ratings agency Fitch to upgrade the bank's long-term rating to BBB, up from BBB-, with a stable outlook.

Business • 21 May

PTSB CEO Eamonn Crowley said the bank has invested heavily in IT

Customers can trust PTSB's IT systems, CEO says

The chief executive of PTSB, Eamonn Crowley, has insisted that customers can trust the bank's IT systems following two major outages in recent months.

Business • 09 May

PTSB said its share of new mortgage drawdowns in the first quarter of 2025 was over 20%

PTSB's mortgage share tops 20% in first quarter

Permanent TSB Group Holdings said its net interest income reduced by 9% in the first quarter of this year due to the impact of lower interest rates.

Business • 30 Apr

PTSB said it is working to resolve the issue 'as quickly as possible'

Technical issue impacting PTSB website and app

PTSB said it is working to resolve a technical issue that has impacted the bank's website and mobile app.

Business • 18 Apr

Hugh O'Donnell is to join the PTBS Board's Audit Committee and Board Risk and Compliance Committe

PTSB appoints O'Donnell to bank's board

Permanent TSB Group Holdings has appointed Hugh O'Donnell as an Independent Non-Executive Director with immediate effect.

Business • 08 Apr

The changes will come into effect from 2 April, with the exception of two products where the change will take effect from 4 June.

PTSB reducing interest rates for savers

PTSB is reducing the interest rates for savers on new personal and business fixed-term variable deposit accounts by 0.5%.

Business • 26 Mar

PTSB CEO Eamonn Crowley and CFO Barry D'Arcy

PTSB's 2024 performance boosted by strong H2 outcome

Permanent TSB Group Holding has reported higher profits and income for 2024 and said it was in "prime position" to continue to provide competition in the Irish market.

Business • 04 Mar

Barry D'Arcy, PTSB's new Chief Financial Officer

PTSB names D'Arcy as new chief financial officer

PTSB has appointed Barry D'Arcy as its new chief financial officer (CFO) and executive director after what it called a competitive selection process.

Business • 25 Feb

Today, the bank gave an update on the redundancy process.

PTSB to cut around 300 jobs this year

Around 300 jobs are to be cut at PTSB this year as part of a voluntary redundancy scheme that was launched last year.

Business • 07 Feb

PTSB said the 2% monthly cashback offer is available until at least the end of 2030

PTSB to offer 2% monthly cashback to existing customers

PTSB said today it will offer 2% cashback on monthly mortgage repayments to existing mortgage customers, which it said will equal the benefit for both its new and existing customers.

Business • 21 Jan