PTSB faces slew of huge claims over rate blunder

Permanent TSB is facing a number of multimillion-euro claims for compensation as a result of the bank’s interest rate blunder.

15th August, 2015

The Sunday Business Post understands that several customers will submit large claims in the coming weeks to the independent appeals panel established by the bank to deal with the fallout of the huge number of cases it is facing.

In several cases, where customers lost their homes as a result of the bank’s actions, or where it proved to be a contributory factor, there have been severe financial and other consequences for the individuals....

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