Due Diligence buy to let portfolio bank

Permanent TSB sells buy-to-let portfolio

Personal finance service provider Permanent TSB has agreed the sale of a portfolio of performing buy-to-let mortgages.  The portfolio, worth about €1.2 billion, has been sold to Citibank London, the UK branch of US-based Citibank. The deal also involves the sale of a pool of about 3,700 buy-to-let loan accounts.  All of the loans are…

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