IL&P chairperson optimistic over bank's future

The Chairperson of Irish Life and Permanent Gillian Bowler has said it is the most strongly positioned financial institution in the country.

The Chairperson of Irish Life and Permanent Gillian Bowler has said it is the most strongly positioned financial institution in the country.

Ms Bowler made the comments at the group's Annual General Meeting in Dublin today.

Up to 8,000 of Permanent TSB's mortgage accounts are in arrears - representing around 4% of the total number of mortgages.

However Gillian Bowler is optimistic about the future.

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