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During the second half of the 1995–2007 'Celtic Tiger' period of growth, the international bond borrowings of the six main Irish banks—Bank of Ireland, Allied Irish Banks, Anglo Irish Bank, Irish Life & Permanent, Irish Nationwide Building Society and Educational Building Society—grew from less than €16 billion in 2003 to approximately €100 billion (well over half of Ireland's GDP ...
In 2001, Irish Life and Permanent Group acquired the Irish Trustee Savings Bank from the Government of Ireland, and rebranded as Permanent TSB. [2] [7] During the Irish banking crisis the group was split. The profitable Irish Life Group was purchased by the government for €1.3 billion, and subsequently sold to Great-west Lifeco in July 2013. [8]
1 € =. £0.787564 (irrevocable) This infobox shows the latest status before this currency was rendered obsolete. The pound (Irish: punt) was the currency of Ireland until 2002. Its ISO 4217 code was IEP, and the symbol was £ (or £Ir for distinction. [1]) The Irish pound was replaced by the euro on 1 January 1999. [2]
The supplemental data indicated the book-value of the loans expected to be transferred to NAMA by the six covered institutions (Bank of Ireland, Allied Irish Banks, Anglo Irish Bank, EBS, Permanent TSB, Irish Nationwide) was €68bn. The suggested transfer value was €54bn, with the estimated market value at €47bn.
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Irish Permanent plc (1994–1999) Permanent TSB Group Holdings plc (1999–) merged with TSB Bank, 2001 Permanent TSB Group Holdings plc. Irish Civil Services and General Building Society (1864–1867) Irish Civil Service and General (Permanent Benefit) Building Society (1867–1874) Irish Civil Service (Permanent) Building Society (1874–1969)
The Trustee Savings Bank (TSB) was a British financial institution that operated between 1810 and 1995 when it was merged with Lloyds Bank. Trustee savings banks originated to accept savings deposits from those with moderate means. Their shares were not traded on the stock market but, unlike mutually held building societies, depositors had no ...
Allied Irish Banks Limited was formed in 1966 as a new company that acquired three Irish banks: Provincial Bank of Ireland, the Royal Bank of Ireland, and the Munster & Leinster Bank. In 1966, AIB's aggregate assets were IR£255 million (€323.8 million)—as at 31 December 2005, the AIB Group had assets of €133 billion. In the 1980s the ...