IL&P reports ‘really good start’ at AGM

Irish Life & Permanent plc today held its 2006 annual general meeting (AGM) in Jury’s Hotel in Ballsbridge in Dublin.

Irish Life & Permanent plc today held its 2006 annual general meeting (AGM) in Jury’s Hotel in Ballsbridge in Dublin.

“We’ll be issuing our pre-close trading statement to the stock exchange in a few weeks,” said chairperson Gillian Bowler at the meeting.

“I can say for now that we’ve had a really good start to the year and the renewed momentum that we saw across our businesses, in the second half of 2005, has continued strongly into this year.

“On the banking side, lending growth is very strong and we’re continuing to be very successful in respect of our current account campaign notwithstanding the responses from the competition.

“On the life and pensions side, we have had a tremendous start to the year in respect of sales of pension, investment and protection policies and this of course is before any impact from SSIA accounts which are just beginning to mature in the coming weeks.”

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