Permanent TSB with record €21 Million fine relating to tracker mortgages

Permanent TSB has been fined a record €21 million by the Irish Central Bank for breaches in regulations that affected it’s tracker mortgage customers. Along with the fine PTSB has to pay over €50 million in redress to the affected customers. It also has to put up to 2,000 customers back on the tracker rates.

Some links to articles from the irish media about the so called ‘tracker scandal’ below: