Permanent TSB not ruling out more soured loan sales

Permanent TSB (PTSB) has not ruled out further non-performing loan sales, while it deserves to be fined over the tracker mortgage scandal, its chief executive has said.

Jeremy Masding told the Oireachtas Finance Committee that the bank "was not ruling anything in or out" when it came to reducing its levels of non-performing loans from 10% down to a target of 3.5% to 5%.