Deutsche Bank expected to buy PTSB car loan book

Deutsche Bank is in exclusive talks to snap up Permanent TSB's car finance loan book, as the lender continues to shed off various parts of its business.

18th August, 2012

Deutsche Bank is in exclusive talks to snap up Permanent TSB's car finance loan book, as the lender continues to shed off various parts of its business. The division business was put up for sale earlier this year, with a number of parties expressing an interest in buying the loan book. German banking giant Deutsche Bank has now emerged as the preferred buyer.

Talks are ongoing and sources say that the deal will be done...

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