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Permanent TSB set to fail stress tests

One of the banks bailed out by the taxpayer three years ago is set to fail another stress test. Perm...
TodayFM
TodayFM

3:23 PM - 24 Oct 2014



Permanent TSB set to fail stre...

News

Permanent TSB set to fail stress tests

TodayFM
TodayFM

3:23 PM - 24 Oct 2014



One of the banks bailed out by the taxpayer three years ago is set to fail another stress test.

Permanent TSB will reportedly need up to 800 million euro in new capital after failing the E-C-B tests.

But unlike three years ago, the taxpayer won't have to pick up the tab.

Our political correspondent Gavan Reilly reports.



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