Concern over PTSB after Draghi says Irish banks have outstanding issues

Fresh concerns have been raised over the future of Permanent TSB following comments made by ECB president Mario Draghi to the Fianna Fáil finance spokesman.

In a letter to Michael McGrath, the head of the ECB highlighted a number of challenges still facing the banking sector, including, “ensuring the viability of all nationalised banks”.

Mr McGrath said he was “deeply concerned” by what Mr Draghi had to say.