21.10.2014: www.irishtimes.com/business/sectors/...ime-mortgages-1.1970622
22.10.2014: www.reuters.com/article/2014/10/22/...sb-idUSL3N0SH3MI20141022
22.10.2014: www.rte.ie/news/business/2014/1022/654041-permanent-tsb/
23.10.2014: www.independent.ie/business/...ewide-stress-test-30685263.html
"Springboard has agreed to sell its mortgage loan book to Mars Capital Ireland No.2 Limited (Mars Capital). While the financial details of the transaction are not disclosed, the impact on the Groups profit and loss account and Core Equity Tier 1 Capital Ratio will be positive. In addition, at 30 June 2014, the impact of the sale would have reduced the Groups non-performing loans by c 4% and the Loan to Deposit ratio by c 1%. The proceeds from the sale will be used to further reduce the Groups funding requirements in line with the Groups ongoing restructuring of its balance sheet."
22.10.2014: www.permanenttsbgroup.ie/...ress-releases/2014/22-10-2014.aspx
"Permanent TSB, which is 99.2 per cent owned by the State, is expected to announce details of its capital-raising plan on Sunday after the European Central Bank publishes the results of its pan-European comprehensive assessments, which PTSB is expected to fail. It is not clear how much capital PTSB will be required to raise but the expectation is it will be below 1 billion."
22.10.2014: www.irishtimes.com/business/sectors/...b-stress-test-1.1971982
"Permanent TSB's core tier 1 capital was 13.1pc at the start of last year, but slipped to 12.7pc at the end of June. [..] Permanent TSB has lined up Deutsche Bank to help raise capital on the markets, including in the event it is needed after the tests."
23.10.2014: www.independent.ie/business/irish/...-vulnerable-30679268.html