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Irish Life & Permanent

Mon, 2010-03-29 21:44 — superadmin
Region: 
Private: 
Public: 
Ticker: 
STR AV
Market cap: 
$2,979 million
Country of incorporation: 
Ireland
Industry: 
Financials
Description: 

Provider of personal financial services to the Irish market. Its business segments include banking, which provides retail banking services; insurance and investment, which includes individual and group life assurance and investment contracts, pensions and annuity business written in Irish Life Assurance plc and Irish Life International, and the investment management business written in Irish Life Investment Managers Limited; general insurance, which includes property and casualty insurance carried out through its associate, Allianz-Irish Life Holdings plc, and other, which includes a number of small business units. google company description

Positive Impact – Doing: 
Positive Impact – Talking: 

1. CSR section on website, CSR report 2008, FTSE4Good Index1.

  1. 1. http://www.irishlifepermanent.ie/ipm/corporaterespnew/
Controversy: 

1. Accounting fraud - Involved in loans and deposits scandal where loans were transferred to other companies' books illegally (2008)1, 2.

  1. 1. http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5728842.ece
  2. 2. http://en.wikipedia.org/wiki/Anglo_Irish_Bank_hidden_loans_controversy#Background
Notes: 
Additional Research: 

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