J JoeB Guest 22 Mar 2011 #1 cork_south said: Half of the bank’s 38 billion euros of loans are ECB tracker mortgages, it said.[/EMAIL] Click to expand... This is worrying. If the PTSB have 19,000 million on tracker loans what does that mean? Well, they may be losing up to 2% on the amount, which is 380 million a year. Can they afford such losses? (Is a 2% loss reasonable?)
cork_south said: Half of the bank’s 38 billion euros of loans are ECB tracker mortgages, it said.[/EMAIL] Click to expand... This is worrying. If the PTSB have 19,000 million on tracker loans what does that mean? Well, they may be losing up to 2% on the amount, which is 380 million a year. Can they afford such losses? (Is a 2% loss reasonable?)