The Sunday Independent have reported that PTSB are going to further cut their deposit rates. Article .
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The 75pc State-owned bank is paying savers more than the market average, and said that while it plans to continue to do so, the premium will be at a lower level.
Chief executive Jeremy Masding said the bank wanted to move from 0.12 percentage points above the market rate to 0.05 percentage points.
If you were thinking about fixing with PTSB (there are better returns out there), then now might be a good time to fix.