Permanent TSB (PTSB) is moving to secure High Court approval for its takeover of BAWAG's Irish business, following a successful shareholder vote.

PTSB has announced a 34% surge in profit and a 9% increase in net interest income, ahead of a critical vote on a proposed sale that has drawn criticism from some minority shareholders.

Hundreds of Permanent TSB customers in Ireland are set to receive low-priced tracker mortgages once their fixed-rate periods conclude, potentially saving families hundreds of euros monthly.

Irish bank PTSB has introduced a new savings account and increased the amount of funds that can be deposited into its regular saver account, boosting options for savers.

Austrian bank Bawag has successfully avoided a dispute in the Dublin High Court, which was initiated by a prominent PTSB shareholder to prevent the sale of an Irish bank to Bawag.

Private equity firms reportedly failed to acquire PTSB, missing the takeover by a narrow margin of €5.5 million.

Bawag shares have reached an all-time high, leading market analysts to suggest that Irish taxpayers were significant losers in a previous bank sale, drawing parallels to the 2013 sale of Irish Life.

A number of customers of PTSB bank are set to receive €1,000 each in redress payments after the institution acknowledged errors in their mortgage payment processing.

Austrian bank Bawag is reportedly seeking to acquire Permanent TSB (PTSB), Ireland's third-largest private and commercial bank, with an offer exceeding one billion euros.

PTSB shareholders have overwhelmingly voted in favor of Bawag's takeover bid, clearing a significant hurdle for the acquisition in Ireland. Approvals from the Irish High Court and regulators are still pending.

Austrian lender Bawag announced its ability to fully fund the PTSB takeover without external funds, following a reported net profit of €255 million for the second quarter of 2026.

A competition watchdog has given its approval for PTSB's €1.6 billion sale, clearing a significant hurdle for the transaction.

The Court of Appeal has scheduled another hearing in July regarding PTSB's €1.6 billion takeover by the Austrian group BAWAG.

The High Court has given its approval for Permanent TSB (PTSB) to hold its Extraordinary General Meeting (EGM) in July. This decision allows the bank to proceed with its planned shareholder assembly.

An opinion piece suggests that with the impending sale of PTSB, the former Central Bank site could serve as a museum reflecting on the hubris and greed of Ireland's banking crisis.

Questions have been raised regarding whether the government sold its stake in Permanent TSB (PTSB) for an undervalue. The articles prompt an inquiry into the fairness of the sale price.

The stock market responded surprisingly warmly to news that Austria’s Bawag has, finally, been revealed as a potential buyer of PTSB.

Zippay will be rolled out across the PTSB, AIB and Bank of Ireland apps this week.

PTSB customers have expressed fury after a technical issue caused their debit cards to be refused, with the bank apologizing and working to resolve the problem for those affected.

A property finance expert addresses concerns from homeowners about potential mortgage rate increases following a PTSB takeover and advises on whether switching providers before such an event is advisable.

An Irish court has given the go-ahead for a meeting to facilitate the sale of PTSB to Bawag, with the Minister for Finance holding a 57.5% stake in the bank.

PTSB has informed the High Court that a prominent shareholder's application to reclassify the State as a different type of shareholder could "torpedo" the timeline for the bank's sale to Austrian bank BAWAG.

Bawag's net profit increased by 16% to 232.3 million Euros. To finance the planned acquisition of Irish PTSB, the bank's dividend policy will be 'temporarily adjusted'.

Austrian bank BAWAG is set to acquire Irish lender Permanent TSB (PTSB) in a deal valued at €1.62 billion.

Austrian bank BAWAG has reportedly submitted an offer to acquire the Irish bank PTSB.

AIB, Bank of Ireland, and PTSB are collaborating to launch a new digital banking service this week, aiming to compete with fintech platforms like Revolut.