Organisation: Permanent TSB

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Organisation: Permanent TSB

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>Frankfurt-listed shares of BioNTech fell by more than 7% after partner Pfizer slashed its full-year revenue forecast on lower sales of its covid vaccine and treatment. File picture: Thomas Lohnes/Getty</p>

economy

Shares trade higher but focus remains on Middle East conflict

Investors remained risk-averse on prospects of escalation in Israel's attack on Gaza in the wake of the Hamas attacks

<p>Some of the creditors included Everyday Finance, Cabot Finance, Pepper Finance and Start Mortgages. File photo: iStock</p>

court and crime

High Court approves debt write-offs worth millions owed mostly to financial firms

<p>Brian Hayes, chief executive of the BPFI, said banks are more profitable due to their reliance on interest rate income as well as taking on customers and loans from Ulster Bank and KBC. </p>

companies

Banks defend soaring profits after '10 years of dulled profitability'

GERMANY-EU-ECB-BANKING-INFLATION

S comment-analysis

Emer Walsh: Window dressing bank offerings of 3% an attempt to save face

GERMANY-EU-ECB-BANKING-INFLATION

economy

Irish banks post 'exceptionally strong' results helped in part by deposit rates

Revolut Ltd. CEO Nikolay Storonsky Interview

S economy

Can Revolut bring true competition to Irish banking?

Workplace Wellbeing: Welcoming, inclusive — and proud: celebrating Pride all year round

Workplace Wellbeing: Welcoming, inclusive — and proud: celebrating Pride all year round

"We want our people to feel seen, understood, respected and valued"

Fri, 28 Jul, 2023

Germany European Central Bank

US rate hike sets scene for ECB meeting at lunchtime tomorrow

Bank of Ireland hiked its fixed-rate mortgage loans ahead of ECB meeting

Wed, 26 Jul, 2023

Irish Banking Culture Board says level of trust in banks is still underwater

Irish Banking Culture Board says level of trust in banks is still underwater

Body set up in the wake of financial crises reports that, while banking is in a state of flux, 'gradual progress is being made'

Mon, 17 Jul, 2023

Contactless payment with smartphone

Irish banks' Revolut rival Synch is delayed further

Synch Payments was established in 2020 by AIB, Bank of Ireland, Permanent TSB and KBC Bank

Thu, 06 Jul, 2023

FILE PHOTO Permanent TSB has formally agreed to acquire €7.6 billion worth of assets from Ulster Bank Ireland END

Homeowners 'furious' at banks for 'profiteering' from defective blocks scandal

Government has also fallen short, with serious flaws in the Enhanced Defective Blocks [redress] Scheme which was published this week, they told the Oireachtas

Wed, 05 Jul, 2023

Central Bank sets date for tracker mortgage inquiry into former Permanent TSB boss

Central Bank sets date for tracker mortgage inquiry into former Permanent TSB boss

David Guinane, who worked for the bank for 25 years, is the first individual to be put before a public inquiry into the scandal since it first emerged in 2015

Fri, 16 Jun, 2023

Euro coins. Euro money. Euro currency.

Irish banks accused of 'window dressing' over small increases in saving deposit rates

PTSB said it was increasing the rates it pays savers by 0.25% across the range of its deposit accounts, while Bank of Ireland earlier this week said a new savings account will pay an initial interest rate of 1.5%

Thu, 18 May, 2023

Ulster Bank permanently shuts the doors of its remaining 63 branches

Ulster Bank permanently shuts the doors of its remaining 63 branches

Vulnerable customers and those who still need to finalise switching to a new banking provider can still access Ulster Bank customer services and supports through telephone and online channels.

Fri, 21 Apr, 2023

Average mortgage rates dip slightly but hikes 'almost guaranteed' to resume

Average mortgage rates dip slightly but hikes 'almost guaranteed' to resume

The eurozone average now stands at 3.33% which is up from 3.16% in January

Wed, 12 Apr, 2023

Silicon Valley Bank Collapses In Biggest Failure Since 2008

ECB may slow rate hikes over SVB fallout

Shares in Irish banks fell sharply in line with other countries

Tue, 14 Mar, 2023

Bank Stock

Irish Examiner view: Naive to expect more from banks

Thu, 02 Feb, 2023

FILE PHOTO Permanent TSB has formally agreed to acquire €7.6 billion worth of assets from Ulster Bank Ireland END

Permanent TSB tipped to follow Bank of Ireland and AIB in hiking fixed-rate mortgages

It comes as Bank of Ireland announced that it is introducing a 0.25% rate increase for its fixed-rate mortgage products

Thu, 10 Nov, 2022

Ulster Bank in Ireland

Ulster Bank's owner sets out timelines for its loan transfers to AIB and Permanent TSB

NatWest says it has started transferring some of €4.2bn in Ulster commercial loans, and a further €2.8bn of commercial loans that have not been drawn down

Fri, 28 Oct, 2022

FILE PHOTO Permanent TSB has announced pre-tax losses of €166 million last year, as Chief Executive Eamonn Crowley claims there

Permanent TSB is keeping interest rates 'under review' ahead of next ECB rate hike

Analysts predicted the ECB would raise interest rates by another 0.75% on Thursday to try and stifle inflation

Tue, 25 Oct, 2022

FILE PHOTO The Central Bank has fined Bank of Ireland over €1 million for its role in the tracker mortgage controversy END

Cost of tracker mortgage scandal tops €1bn

Mortgage brokers warn fines and huge costs incurred by banks during investigation are passed on to customers

Thu, 29 Sep, 2022

hands holding paper house on blue background.

State-backed equity scheme offers fresh hope for first-time buyers

Scheme aims to bridge affordability gap by providing buyers with part of the purchase price of their home in return for a minority equity stake

Thu, 15 Sep, 2022

FILE PHOTO Permanent TSB has formally agreed to acquire €7.6 billion worth of assets from Ulster Bank Ireland END

PTSB reassures Ulster customers but banking industry concerns remain over huge switch

Permanent TSB said it is setting up mobile facilities, “pop-up” banks, and is placing its own staff in the 25 Ulster Bank branches

Wed, 27 Jul, 2022

Permanent TSB fined 21 million euros

Permanent TSB pledges to complete Ulster Bank mortgage deal this year as it posts €36m loss

Losses are linked to the costs the bank has taken on to absorb the mortgage loans and branches from Ulster Bank

Wed, 27 Jul, 2022

Senior couple going over bills

Q&A: What does the ECB's interest rate rise mean for Irish mortgage holders?

Irish families, like those all over Europe, are braced for a sudden rise in their homeloan repayments. Here is how it happened and what you need to know next

Fri, 22 Jul, 2022

Anxious about paying bills

ECB hike to hit 300,000 Irish mortgages as experts warn more rises are expected

Further ECB rate hikes of up to 1.25% are expected — and they would significantly increase the cost of people's home loans

Fri, 22 Jul, 2022

DAX Market Reaction As Boris Johnson Battles to Deliver Brexit

Calls grow for Irish mortgage banks to forgo passing on ECB rate hikes

Experts say Irish banks could absorb the rate increase, with one broker saying they ought to do so 'from a moral viewpoint'

Wed, 20 Jul, 2022

A Branch of the Ulster Bank, Roscommon, West of Ireland

Digital bank Starling 'pulls plan to enter Irish market'

CEO Anne Boden told staff that an Irish subsidiary would not deliver the added value Starling is seeking, Sky News is reporting

Mon, 18 Jul, 2022

FILE PHOTO Permanent TSB has formally agreed to acquire €7.6 billion worth of assets from Ulster Bank Ireland END

Michael Dowling: Irish banks to benefit from ECB rate hike

Irish mainstream banks will benefit more than their European counterparts by higher interest rates as net interest income accounts for 80% of Irish retail banks' income, compared to 54% in Europe.

Sun, 17 Jul, 2022

FILE PHOTO Permanent TSB has announced pre-tax losses of €166 million last year, as Chief Executive Eamonn Crowley claims there

Deaf Permanent TSB customer awarded €8k after bank refused to deal with interpreter

Complainant claimed bank’s blanket policy on not dealing with third-party representatives discriminated against her as it placed her in a 'vulnerable' category which she claimed was an affront to her sense of independence

Tue, 05 Jul, 2022

Permanent TSB may absorb initial ECB rate hikes, CEO says

Permanent TSB may absorb initial ECB rate hikes, CEO says

The first transfer of loans from Ulster Bank to Permanent TSB is scheduled to begin in the final quarter of this year

Fri, 24 Jun, 2022

Food and groceries in shopping basket on wood table with blurred suppermarket aisle in background

More than 60% of people expect to cut back on food due to price surge

The research shows that 53% of people fear they will be unable to afford the higher cost of energy bills

Fri, 27 May, 2022

Permanent TSB accept it may compensate customers for denial of tracker mortgages

Permanent TSB accept it may compensate customers for denial of tracker mortgages

A case that came before the Financial Services and Pensions Ombudsman found that a customer had been wrongly denied a tracker rate on his mortgage

Mon, 23 May, 2022

Ulster Bank in Ireland

Ulster Bank writes to customers of its pension and investment products about closure

There are, nonetheless, widespread concerns about the support available for customers in switching out of Ulster and KBC Bank

Fri, 13 May, 2022

Permanent TSB fined 21 million euros

Permanent TSB's plan to acquire €7.6bn in Ulster Bank loans set for full competition probe

The CCPC has already submitted plans by Bank of Ireland to acquire €9bn in mortgage loans from KBC to a full Phase 2 investigation.

Tue, 10 May, 2022

FILE PHOTO Permanent TSB has announced pre-tax losses of €166 million last year, as Chief Executive Eamonn Crowley claims there

Permanent TSB on course to clinch €7.6bn loans deal with Ulster Bank 'in fourth quarter'

AIB plans to get most of the rest of the Ulster loan books

Tue, 03 May, 2022

For customers, exit of CEO McDonagh likely the least of their worries over Irish banking

For customers, exit of CEO McDonagh likely the least of their worries over Irish banking

Irish banking is facing a new mess where customers are the perpetual losers as Ulster Bank and KBC exit and the big two tighten their hold on our money

Mon, 02 May, 2022

MICHAEL LYNN

Michael Lynn received €4.1m for home purchase in 2007

The prosecution alleges Mr Lynn applied for mortgages to at least two, and in many cases a number of, different financial institutions, which then lent him the money unaware of the other mortgage applications

Thu, 10 Feb, 2022

Working From Home

70% of Cork employers offering hybrid working to new hires

A third of Cork businesses have hired for a fully remote role in the past year

Tue, 01 Feb, 2022

Allied Irish Bank

Competition watchdog highlights 'key' probes into Irish banks

Plans by AIB, Bank of Ireland, and Permanent TSB to acquire billions worth of loans from the departing Ulster Bank and KBC are under investigation

Tue, 04 Jan, 2022

Technology stock

Plans by Irish banks for payments app put to full probe by regulator

The full investigation into the banks' plans for the app will not be taken lightly.

Wed, 08 Dec, 2021

People believe in tackling climate crisis - but aren't willing to change personal behaviour

People believe in tackling climate crisis - but aren't willing to change personal behaviour

Just 6% see the climate crisis as the most important issue of this era and a quarter put it in the top three issues

Tue, 30 Nov, 2021

Donohoe: New 'broad-ranging' banking review will consider consumer interests

Donohoe: New 'broad-ranging' banking review will consider consumer interests

The review will also consider the implications for the so-called fintech and digital transaction providers are playing in disrupting traditional banking.

Tue, 23 Nov, 2021

FILE PHOTO Permanent TSB has announced pre-tax losses of €166 million last year, as Chief Executive Eamonn Crowley claims there

Former Permanent TSB banker faces inquiry over role in tracker mortgage scandal

Probe comes as Oireachtas finance committee hears of plans for new Central Bank powers to sanction individual bank executives

Wed, 10 Nov, 2021

Ulster Bank in Ireland

Ulster Bank tracker loan sale talks ‘ongoing’ as wind-down gathers pace

Ulster Bank has also told customers to “get ready” to change bank and for further changes as it winds down its business ahead of exiting the Republic.

Fri, 29 Oct, 2021

Permanent TSB shares soar even before exit of mortgage rivals Ulster Bank and KBC

Permanent TSB shares soar even before exit of mortgage rivals Ulster Bank and KBC

AIB has also said it has appointed Jim Pettigrew as its new chair of the board

Thu, 28 Oct, 2021

Eamon Quinn: Permanent TSB joins the winners amid the great Irish banking exit

Eamon Quinn: Permanent TSB joins the winners amid the great Irish banking exit

Ulster Bank's owner, NatWest, has advanced its exit plans by detailing it will transfer €7.6bn in mortgage and other loans, along with 25 of its 88 branches, to Permanent TSB

Fri, 23 Jul, 2021

File photo AIB has agreed a deal with Ulster Bank to buy about €4.2 billion of its performing corporate and commercial loans. En

Ulster Bank advances exit with plan to transfer €7.6bn in loans to PTSB

NatWest, which is 55%-owned by the British government, will take a stake of up to 20% in PTSB

Fri, 23 Jul, 2021

Irish bank shares rise on State's Bank of Ireland sale plan

Irish bank shares rise on State's Bank of Ireland sale plan

Move marks the first loosening of State ownership in the banks since AIB’s partial share float in 2017

Thu, 24 Jun, 2021

Peranent TSB Interim Results 2020

Permanent TSB chief sees 'complex' Ulster Bank deal by year-end at earliest

Chief executive Eamonn Crowley said he was determined to complete the purchase of mortgage loans in the carve-up of Ulster Bank as it exits the Republic

Wed, 19 May, 2021