Permanent TSB completes acquisition of Ulster Bank’s non-tracker mortgages

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The mortgage accounts acquired are currently made up of loans with a value of around €915 million

Permanent TSB has completed the acquisition of the performing non-tracker residential mortgage portfolio of Ulster Bank following the transfer of approximately 8,000 mortgage loan accounts to the bank.

connected to approximately 11,000 customers, and increases PTSB’s mortgage book by about 4 per cent.

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