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KM Financial Solutions | Ireland’s PTSB agrees to sell bad loans for 1.3 billion euros
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Ireland’s PTSB agrees to sell bad loans for 1.3 billion euros

30 Jul Ireland’s PTSB agrees to sell bad loans for 1.3 billion euros

Posted at 14:27h in News by
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Irish bank permanent tsb (PTSB)
said on Tuesday it had agreed to sell a portfolio of
non-performing loans to Lone Star Fund’s Start Mortgages for 1.3
billion euros, reducing its overall non-performing loans ratio
to around 16 percent from 25 percent.

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