Permanent TSB’s bad loans ‘really ‘dangerous’ to economy

Permanent TSB’s current level of non-performing loans is “really, really dangerous for Ireland” and could cost the taxpayer significantly if there is a shock to the economy, the bank’s chief has warned.

Permanent TSB’s bad loans ‘really ‘dangerous’ to economy
Fri, 12 Oct, 2018 - 08:15

By Pádraig Hoare

Permanent TSB’s current level of non-performing loans is “really, really dangerous for Ireland” and could cost the taxpayer significantly if there is a shock to the economy, the bank’s chief has warned.

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CourtsPermanent TSBPlace: IrelandPerson: Padraig HoarePerson: Jeremy MasdingPerson: MasdingOrganisation: Permanent TSBOrganisation: TDsOrganisation: Oireachtas finance committeeOrganisation: Start MortgagesOrganisation: Lone StarOrganisation: Central Bank
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