Boardroom Briefing

Mortgage arrears drop at Permanent TSB

21st September, 2014

Mortgage arrears drop at Permanent TSB

Permanent TSB has reported a 21 per cent drop in the number of mortgage customers currently in arrears of over 90 days. There were 4,357 fewer home-loan customers in arrears of over 90 days at the end of August than at the beginning of the year, the bank said last week.

Shane O'Sullivan, managing director of Permanent TSB's asset management unit (AMU), said that it had seen improvements in key indicators in recent...

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