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KM Financial Solutions | Ireland’s PTSB to cut bad debt levels with securitisation deal
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Ireland’s PTSB to cut bad debt levels with securitisation deal

28 Nov Ireland’s PTSB to cut bad debt levels with securitisation deal

Posted at 18:22h in News by
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Irish financial services firm
Permanent TSB (PTSB) said on Thursday it had agreed to sell a
1.3 billion euro ($1.5 billion)portfolio of problem mortgage
loans in a securitisation deal, reducing its bad debt level to
below 10 percent.

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