Good and bad PTSB loans to be split

Finance Minister Michael Noonan has said new plans are in place to split up the good and bad loans in Permanent TSB (PTSB).

Good and bad PTSB loans to be split
Thu, 26 Apr, 2012 - 16:50

Finance Minister Michael Noonan has said new plans are in place to split up the good and bad loans in Permanent TSB (PTSB).

The loan book of the bank is to be split up - with the bad loans wound down and the good loans remaining in in a healthier, smaller bank.

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