PTSB looks poised to fail one stress test
Analysts have downplayed fears about negative fallout should Permanent TSB fail to scrape through the most demanding stress test imposed by European authorities.
Analysts have downplayed fears about negative fallout should Permanent TSB fail to scrape through the most demanding stress test imposed by European authorities.
It is thought that PTSB will pass two of the three tests based on capital availability and provisioning for bad loans, but it is understood that the bank may face issues around the severe adverse test scenario that banks must pass, which simulates how banks would fare in a major global financial...
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