Irish Lender Permanent TSB Opens Door to Reintroducing Bonuses

Permanent TSB Group Holdings Plc has reached an agreement with unions to increase pay next year and will enter negotiation about reintroducing bonuses for its staffers.

The lender said it had reached agreement on a 4% pay increase from January 2026, according to a joint statement issued with the three trade unions that represents its employees. That increase will cover approximately 95% of the bank’s staff.