PTSB to cut some personal loan interest rates by 4.9%

Bank simplifying loan structure with just three interest rates linked only to the amount of the loan
PTSB to cut some personal loan interest rates by 4.9%

A new suite of personal loans launched by PTSB will see interest rates for some personal loans cut by up to 4.9%. Picture: Andres Poveda

A new suite of personal loans launched by PTSB will see interest rates for some personal loans cut by up to 4.9%.  

From today, PTSB has simplified its loan structure with just three interest rates linked only to the amount of the loan. The new loan rate for a personal loan of between €1,500 and €10,000 is 8.50% compared to 13.4% currently for loans of between €1,500 and €6,999 - a reduction of 4.9%.

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