Ireland's PTSB says 10,000 loan breaks to trigger 50 million euro impairment
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DUBLIN (Reuters) - Ireland's permanent tsb (PTSB) expects to set aside 50 million euros in the second quarter to cover expected loan losses from the 10,000 coronavirus-related repayment breaks approved to date, the mortgage lender said on Thursday.Ireland plans to gradually ease weeks of stay-home measures to slow the spread of the virus on Monday. The shutting down of all but essential services has forced the country's two dominant banks, Allied Irish Banks and Bank of Ireland , to grant..