Permanent
TSB Company Information
About
The Permanent TSB Company
permanent tsb is the retail banking division of Irish Life &
Permanent plc. Irish Life & Permanent plc was formed by the
merger of Irish Permanent plc and Irish Life plc in April 1999.
This merger brought together the combined strengths of Ireland's
largest home loans provider and the country's largest insurance
company.
The strategic
focus of the group is the personal financial services market in
Ireland. This sector is experiencing rapid growth driven by a very
strong economy and favourable demographics. The principal products
of the group are life and pensions, savings, investments, residential
mortgages and auto finance. The group operates a multi-channel distribution
strategy across this product range through its branch network, direct
sales force, agencies, independent intermediaries and direct access
via telephone and internet.
Over
the past two years the successfully merged business has developed
in to a world class bancassurance operation with numerous successful
initiatives leading to impressive financial performance by the Group.
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