Overview

The Irish Life & Permanent group is a leading provider of personal financial services in the Irish market. The group formed from the merger of Irish Life plc and Irish Permanent plc in 1999. The group’s strategic focus is on Ireland and its successful economy, with our ambition to be the number one provider of personal financial services.

In 2010 the group was restructured and Irish Life & Permanent Group Holdings plc became the new parent and holding company for the group. The new structure will have the same capital structure, board and management team as Irish Life & Permanent plc and the business ethos and business activities remain the same.

The new structure gives the group greater flexibility to respond to the challenges and changes taking place in the Irish financial services sector.

Irish Life is Ireland’s largest life assurance company and the market leader in the provision of life, pension and investment products. Its products and services are distributed through a wide range of channels including bank branches, independent intermediaries and brokers, the Irish Life salesforce and directly to customers.

permanent tsb, formed following the acquisition of TSB Bank in 2001, is the retail banking operation of the group and is a leading provider of residential mortgage finance in Ireland. It offers a full range of personal banking services in the Irish market through a multi-channel distribution network of branches, intermediaries, agencies, retail outlets and internet.

In partnership with Allianz the group holds a minority interest in Allianz (Ireland), the third largest general (non-life) insurer in the Irish market. The group’s activities outside Ireland are confined to the UK where we have a niche centralised mortgage lending operation, Capital Home Loans.

The Group has over one million customers in Ireland.

Financial Review

Group Structure - Principal Subsidiaries & Associates

To view our Group Structure click on the image below to enlarge.

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