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Irish Life And Permanent
Permanent TSB Group Holdings plc, formerly Irish Life and Permanent plc is a provider of personal financial services in Ireland. Irish Life Assurance plc and the Irish Permanent Building Society merged to form the Irish Life and Permanent Group in 1999 and the merged entity acquired the Trustee Savings Bank in 2001. The group has no connection to the UK's TSB Bank. History The bank is historically derived from three different companies: * Irish Life Assurance * Irish Permanent Building Society * Trustee Savings Bank (no relation to the British bank of the same name) Irish Life Assurance plc (founded 1939) and the Irish Permanent Building Society (founded 1884) merged to form the Irish Life and Permanent Group in 1999 and the merged entity acquired the Trustee Savings Bank (founded 1816) in 2001. Irish Life Assurance Irish Life was a life assurance company created in 1939 with state assistance and concentrated on life assurance and investment products. * The City of Dublin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Organisation
A mutual organization, also mutual society or simply mutual, is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a cooperative, members usually do not directly contribute to the capital of the organization, but derive their right to profits and votes through their customer relationship. A mutual exists with the purpose of raising funds from its membership or customers (collectively called its ''members''), which can then be used to provide common services to all members of the organization or society. A mutual is therefore owned by, and run for the benefit of, its members – it has no external shareholders to pay in the form of dividends, and as such does not usually seek to maximize and make large profits or capital gains. Mutuals exist for the members to benefit from the services they provide and often do not pay income tax. Surplus revenue made will usually be re-invested in the mu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008–2011 Irish Banking Crisis
The post-2008 Irish banking crisis was when a number of Irish financial institutions faced almost imminent collapse due to insolvency during the Great Recession. In response, the Irish government instigated a €64 billion bank bailout. This then led to a number of unexpected revelations about the business affairs of some banks and business people. Ultimately, added onto the deepening recession in the country, the banks' bailout was the primary reason for the Irish government requiring IMF assistance and a total restructuring of the government occurred as result. Background 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) by 2007. This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Irish Times
''The Irish Times'' is an Irish daily broadsheet newspaper and online digital publication. It was launched on 29 March 1859. The editor is Ruadhán Mac Cormaic. It is published every day except Sundays. ''The Irish Times'' is Ireland's leading newspaper. It is considered a newspaper of record for Ireland. Though formed as a Protestant Irish nationalist paper, within two decades and under new owners, it became a supporter of unionism in Ireland. In the 21st century, it presents itself politically as "liberal and progressive", as well as being centre-right on economic issues. The editorship of the newspaper from 1859 until 1986 was controlled by the Anglo-Irish Protestant minority, only gaining its first nominal Irish Catholic editor 127 years into its existence. The paper's notable columnists have included writer and arts commentator Fintan O'Toole and satirist Miriam Lord. The late Taoiseach Garret FitzGerald was once a columnist. Michael O'Regan was the Leinster Ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great-West Lifeco
Great-West Lifeco Inc. is a Canadian insurance-centered financial holding company that operates in North America (Canada and United States), Europe and Asia through five wholly owned, regionally focused subsidiaries. Many of the companies it has indirect control over are part of its largest subsidiary, The Canada Life Assurance Company; the others (Great West Life & Annuities Financial Inc.) are managed by Great-West Lifeco U.S. LLC, a U.S. based subsidiary. Great-West Lifeco is indirectly controlled by Montreal billionaire Paul Desmarais Jr. through his stake in the Power Corporation of Canada (owned by the Desmarais family since 1968), which owns 72% (down slightly from 74.6% in 2005) of Great-West Lifeco. The hyphen in the company's name was originally a typesetter's error. For the three months ending June 2013, 63% of revenue originated in Canada, 26% from the U.S., and 10% from Europe. Group retirement products (Canadian sales up 49%) and 401k markets (U.S. Great West Fina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Irish Life Assurance Plc
Irish Life Assurance plc, commonly known as Irish Life, is an Irish financial services group, providing private and workplace pensions, health insurance, protection, and investments to its customers. Irish Life has been part of the Great-West Lifeco group of companies since 2013, one of the world’s leading life assurance organisations. Irish Life is also a member of the Power Financial Corporation group of companies. Operations Today Irish Life is one of Ireland’s leading financial services groups, taking care of over 1.6 million customers, more than 1 in 3 adults in Ireland. Irish Life provides life and health insurance, pensions and investments to individuals as well as risk, defined contribution pension, health insurance and wellbeing solutions for employers and affinity groups. Irish Life Investment Managers (ILIM), is the appointed asset manager for the Irish Life Group. It is one of the largest managers of life assurance and pension assets in Ireland, entrusted with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post-2008 Irish Banking Crisis
The post-2008 Irish banking crisis was when a number of Irish financial institutions faced almost imminent collapse due to insolvency during the Great Recession. In response, the Irish government instigated a €64 billion bank bailout. This then led to a number of unexpected revelations about the business affairs of some banks and business people. Ultimately, added onto the deepening recession in the country, the banks' bailout was the primary reason for the Irish government requiring IMF assistance and a total restructuring of the government occurred as result. Background 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) by 2007. This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trustee Savings Bank
The Trustee Savings Bank (TSB) was a British financial institution that operated between 1810 and 1995 when it was merged with Lloyds Bank (historic), Lloyds Bank. Trustee savings banks originated to accept savings deposits from those with moderate means. Their share (finance), shares were not traded on the stock market but, unlike Mutual organization, mutually held building society, building societies, depositors had no voting rights; nor did they have the power to direct the financial and managerial goals of the organisation. Directors were appointed as trustees (hence the name) on a voluntary basis. The first trustee savings bank was established by the Presbyterian polity, Rev. Henry Duncan (minister), Henry Duncan of Ruthwell in Dumfriesshire for his poorest parishioners in 1810, with its sole purpose being to serve the local people in the community. Between 1970 and 1985, the various trustee savings banks in the United Kingdom were amalgamated into a single institution named ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limerick
Limerick ( ; ) is a city in western Ireland, in County Limerick. It is in the Provinces of Ireland, province of Munster and is in the Mid-West Region, Ireland, Mid-West which comprises part of the Southern Region, Ireland, Southern Region. With a population of 102,287 at the 2022 census of Ireland, 2022 census, Limerick is the List of urban areas in the Republic of Ireland, third-most populous urban area in Republic of Ireland, Ireland, and the List of settlements on the island of Ireland by population, fourth-most populous city on the island of Ireland. It was founded by Scandinavian settlers in 812, during the Viking Age. The city straddles the River Shannon, with the historic core of the city located on King's Island, Limerick, King's Island, which is bounded by the Shannon and Abbey River, Limerick, Abbey Rivers. Limerick is at the head of the Shannon Estuary, where the river widens before it flows into the Atlantic Ocean. Limerick City and County Council is the Local gov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monaghan
Monaghan ( ; ) is the county town of County Monaghan, Republic of Ireland, Ireland. It also provides the name of its Civil parishes in Ireland, civil parish and Monaghan (barony), Monaghan barony. The population of the town as of the 2022 census of Ireland, 2022 census was 7,894. The town is on the N2 road (Ireland), N2 road from Dublin to Derry and Letterkenny. Etymology The Irish name ''Muineachán'' derives from a diminutive plural form of the Irish word ''muine'' meaning "brake" (a thickly overgrown area) or sometimes "hillock". The Irish historian and writer Patrick Weston Joyce interpreted this as "a place full of little hills or brakes". Monaghan County Council's preferred interpretation is "land of the little hills", a reference to the numerous drumlins in the area. History Early history The Menapii Celtic tribe are specifically named on Ptolemy's 150 AD map of Ireland, where they located their first colony – Menapia – on the Leinster coast . They later settled ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cork (city)
Cork ( ; from , meaning 'marsh') is the second-largest city in Republic of Ireland, Ireland, the county town of County Cork, the largest city in the Provinces of Ireland, province of Munster and the List of settlements on the island of Ireland by population, third largest on the island of Ireland. At the 2022 census of Ireland, 2022 census, it had a population of 224,004. The city centre is an island between two channels of the River Lee (Ireland), River Lee which meet downstream at its eastern end, where the quays and Dock (maritime), docks along the river lead outwards towards Lough Mahon and Cork Harbour, one of the largest natural harbours in the world. Cork was founded in the 6th century as a monastic settlement, and was expanded by Vikings, Viking invaders around 915. Its charter was granted by John, King of England, Prince John in 1185 in Ireland, 1185. Cork city was once fully walled, and the remnants of the old medieval town centre can be found around South and North M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Waterford
Waterford ( ) is a City status in Ireland, city in County Waterford in the South-East Region, Ireland, south-east of Ireland. It is located within the Provinces of Ireland, province of Munster. The city is situated at the head of Waterford Harbour. It is the oldestWaterford City Council : About Our City . Waterfordcity.ie. Retrieved on 23 July 2013. and the List of urban areas in the Republic of Ireland, fifth most populous city in the Republic of Ireland. It is the List of settlements on the island of Ireland by population, ninth most populous settlement on the island of Ireland. As of the 2022 census of Ireland, 2022 census, 60,079 people lived in the city and its suburbs. Historically the site of a Viking settlement, Waterford's medieval defensive walls and fortifications include ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
