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CreditLogic to provide PTSB with new digital mortgage application platform - Vimarsana News

CreditLogic to provide PTSB with new digital mortgage application platform

CreditLogic to provide PTSB with new digital mortgage application platform Lender moves to streamline tedious mortgage application process about 12 hours ago   Permanent TSB bank has signed an agreement with Irish fintech firm CreditLogic to provide a new digital application platform for mortgage applicants. The partnership will allow mortgage applicants to complete their entire application online. The terms of the deal were not disclosed. The bank is aiming to begin receiving applications via the new platform later this year. Tom Hayes, chief technology officer with Permanent TSB, said th...

Ulster Bank improves terms of redundancy offering amid market exit - Vimarsana News

Ulster Bank improves terms of redundancy offering amid market exit

Ulster Bank improves terms of redundancy offering amid market exit New terms propose exiting staff receive five weeks’ pay per year of service about an hour ago   Ulster Bank is preparing the ground for eventual job losses as part of its phased withdrawal, improving the terms of its general redundancy offering. The lender reiterated in a press statement on Friday that it does not plan any compulsory redundancies this year, while it told staff in an internal e-mail that it does not envisage any bank-wide voluntary scheme in 2021, according to sources. This leaves open the prospect of targ...

Irish banks' bad loan charges may drop 85% in 2021, Davy says - Vimarsana News

Irish banks' bad loan charges may drop 85% in 2021, Davy says

Parts of economy have proven much more resilient than expected

Davy says Irish banks' bad loan charges may drop 85% in 2021 - Vimarsana News

Davy says Irish banks' bad loan charges may drop 85% in 2021

Parts of economy have proven much more resilient than expected

Irish banks among the most active at setting aside provisions to cover potential losses - Vimarsana News

Irish banks among the most active at setting aside provisions to cover potential losses

The rate of loan defaults and insolvencies likely to spike in the second half of this year