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Permanent TSB – Ireland

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Ireland

Permanent TSB

Permanent TSB in Ireland , the company was founded in 1884. The headquartered are located in Dublin, Ireland. The bank offers financial products in the local market, Ireland.  It’s mainly activity is in Retail banking in Ireland and the United Kingdom.  It operates through the divisions of: Core Business and Non-Core Business.  The Core Business division offers the whole array of banking products including the non-performing and high risk home loans and the loan portfolio. The Non-Core division encompass the United Kingdom and Ireland portfolios.  As a result of the Irish Banking Crisis the Minister of Finance of Ireland became the owner of 99.2% of all outstanding bank shares.  In April 2015, after the capital raise of EUR 400 million, the state ownership was reduced to 74.92%. The bank has roughly 77 branches and around one million customers. Permanent Bank has approximately 2.383 employees.

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