IL&P named as pick for 2010

IRISH Life & Permanent has been named one of the share picks of 2010 by a number of Irish brokers.

The group is set play a pivotal role in the formation of a new third force in the Irish banking sector with its mortgage business expected to merge with EBS/Irish Nationwide to form the new bank.

That will free Irish Life to concentrate on what Davy Research sees as a still dynamic sector of pensions and life assurance.

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