PTSB has 170,000 mortgages in arrears

Permanent TSB has 170,000 mortgages in arrears with a total value of €7.9bn.

PTSB has 170,000 mortgages in arrears
Thu, 20 Dec, 2012 - 00:00
John Walsh, Business Correspondent

Roughly 20% of the residential mortgage book and one-third of buy-to-let mortgages were in arrears.

The figures emerged as PTSB public interest directors Ray MacSharry and Margaret Hayes appeared before the Oireachtas Finance Committee yesterday.

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CourtsPTSB mortgagePerson: Ray MacSharryPerson: Margaret HayesPerson: Richard Boyd BarrettPerson: Joe HigginsPerson: MacSharryPerson: Michael NoonanPerson: HayesPerson: Pearse DohertyPerson: DohertyPerson: Glen LuckenOrganisation: PTSBOrganisation: Oireachtas finance committeeOrganisation: FiannaOrganisation: Department of FinanceOrganisation: Central BankOrganisation: Sinn FéinOrganisation: Bank of IrelandOrganisation: Department of Tourism
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