Permanent TSB to raise fixed mortgage and deposit rates in response to ECB changes

or prior to their current loan offer expiration, whichever date is the earliest, it said.

There were no changes for customers on existing fixed rates and there were no changes to the bank’s variable rates for new or existing customers. “For any customer applying for a mortgage over €250,000 the increases range from 0.05 per cent to a maximum of 0.45 per cent,” PTSB retail banking director Patrick Farrell said.

“We are seeking to balance the reality of the increased interest rate environment with the need to provide a competitive offering to our mortgage customers and to provide certainty, in particular, to those customers who are already advanced on their mortgage journey,” he said. “We also recognise the need to re-commence increasing deposit rates for savers and we are pleased to start this today by introducing increases to our Regular Saver and Fixed term deposit accounts,” he added.

All those banks that got bailed out now giving back banking gratitude

Price gouging sçum

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