PTSB on track to press for firm expressions of bid interest in January - News Summed Up

PTSB on track to press for firm expressions of bid interest in January


PTSB, which is 57% owned by the State, put itself up for sale at the end of October. A spokeswoman for the bank declined to comment on the sale process. Listen | 37:08A sale of PTSB would complete the return to private ownership of the domestic banks that survived the 2008 financial crisis. PTSB received a €4 billion State bailout in 2011 and has so far repaid €2.8 billion. The total includes cash received from the sale of PTSB’s former sister company Irish Life, share sales, redemption of bailout bonds, guarantee fees and interest payments.


Source: The Irish Times December 22, 2025 10:51 UTC



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