Bad loans worries hammer Permanent TSB shares
Analysts say little progress made as bank signals loan sales part of future plans
Permanent TSB has kicked off a busy few days for the Irish banking sector, reporting first-half results which illustrate howthe legacy of the financial crisis continues to weigh on the bank.
Despite a pick-up in mortgage lending and an improvement in the closely-watched net interest margin – a measure of how much the bank makes from its lending activities – the main focus of investors remains on the level of non-performing loans, which ...
