Finance Minister Paschal Donohoe is expected to bring proposals to regulate vulture funds who buy up mortgages to Cabinet this week.

The eventual bill for compensation in the tracker mortgage scandal could be €500m, the governor of the Central Bank has said.

The Central Bank will likely verify how many people lost their homes as a result of the tracker mortgage when it issues its final report, as it emerged that the number of affected customers has now reached almost 10,000.

Shares in Permanent TSB rose more than 3% on hopes that the mortgage lender has turned a new chapter by focusing on growing new mortgage lending here after selling off a major UK loan book.