Case study: Irish Life & Permanent
Irish Life & Permanent: IL&P (now Permanent tsb) Permanent Tsb Group is a leading provider of financial services in the Irish market.
“Our goal is to create a best-in-class retail bank which can serve its customers, its shareholders and the wider community and which can begin to repay Irish taxpayers for the support they have given the institution in recent years.” Jeremy Masding, Group CEO
During the Irish banking crisis the group was split. The profitable Irish Life Group was purchased by the government and subsequently sold to Great-west Lifeco in July 2013. The remaining bank was renamed Permanent TSB Group Holdings plc.
For more information:
Visit the Permanent tsb website.
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