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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