PTSB loan sale may be hit by rival sales
Permanent TSB aims to dispose of its remaining £2.4 billion mortgage loan portfolio by June
Permanent TSB said it aims to have deleveraged the remainder of its £2.4bn UK mortgage portfolio by June next year.
In a statement issued today the group said the sale would be in line with the EU Restructuring Plan commitments.
However, it said there is currently congestion in the market with similar portfolios for sale which may impact on the timing of the transaction.
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