K Drive

4pm - 7pm
with
Paul Power

Listen Live Logo

Listen Live Extra Logo

Listen: PTSB Says Transfer Of 6,000 Loans To Pepper Ireland "The Right Outcome".

: 12/06/2018 - 15:49

The head of Permanent TSB says the sale of more than 6,000 loans is the right outcome for customers and the bank.

The Glenbeigh Portfolio worth 1.3 billion is being transferred for 900 million euro to Pepper Ireland - an organisation that services vulture funds.

The portfolio makes up more than 6,000 non-performing loans.

Jeremy Masding is the CEO of PTSB:

16ptsb.mp3, by Ciara Plunkett

File image: Jeremy Masding/RollingNews

About Us

Kfm broadcasts on 97.6fm and 97.3fm to all parts of county Kildare 24 hours a day from the state-of-the-art Kfm Broadcast Centre, Newhall, Naas, Co. Kildare and around the world on this website.

Our aim is to entertain and inform our listeners, with the best music, local news and current affairs plus top class live sports coverage.

Remember, Kfm is your local station; we’re always interested in hearing your views and suggestions about the radio station.  You can find all of our contact details on the Contact Us section of the site.

Enjoy your visit, thanks for listening and spread the word about Kildare's Kfm!