Permanent TSB Confirms Planned Sale Of Non-Performing Loans To Vulture Fund Will Go Ahead

Executives from the bank met with the Irish Mortgage Holders Organisation this afternoon

Permanent TSB has confirmed the planned sale of over 10 thousand non-performing loans to a vulture fund will go ahead.

Executives from the bank met with the Irish Mortgage Holders Organisation this afternoon, which claims performing home loans were included in the sale to "sweeten the deal".

Their chief executive, David Hall, is calling on the Finance Minister to step in and protect customers:
 

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