PTSB to raise capital after failing ECB stress test

[Brendan Burgess]

According to the Irish Times

http://www.irishtimes.com/business/...pital-after-failing-ecb-stress-test-1.1971982

[broken link removed], which is 99.2 per cent owned by the State, is expected to announce details of its capital-raising plan on Sunday after the [broken link removed] publishes the results of its pan-European comprehensive assessments, which PTSB is expected to fail.



It is not clear how much capital PTSB will be required to raise but the expectation is it will be below €1 billion.