KPMG: Doubt over PTSBs ability to continue as a going concern

They had reserves of 20% around twice the next best.

However, 65% of the mortgage book is comprised of loss making trackers, so they expect to lose money for some time.

Also, they have to "waste" €2.4 billion on a firesale of the UK mortgage book so that will dramatically reduce the 20%


Brendan
 
Just for the record, No, I'm not a banker, Yes, I have applied for a loan, and Yes, I have been 'pushed into a corner' (i.e. refused loan by one party and approved by other).
 

I think your story is quite tangled and confusing. From some of your posts it seems that you may have gone out of your way to mislead the bank at the outset. I think that may be why you are not getting a lot of support for the idea that the bank is to blame.