State Backed news and trends

Irish Mortgage Lender Must Pay €21M For Fleecing Interest Fees

May 31, 2019
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Irish Mortgage Lender Must Pay €21M For Fleecing Interest Fees

May 31, 2019
Ireland’s central bank announced that it has fined a state-backed mortgage lender €21 million for overcharging its customers. The fine against Permanent TSB, which is 75 percent-owned by the Irish government, is reportedly the biggest regulatory penalty ever imposed on a financial institution in the country. Along with four other Irish banks, Permanent TSB failed […]