Kathleen Funchion
Question:85. Deputy Kathleen Funchion asked the Minister for Finance if a bank (details supplied) had a licence to grant mortgages prior to 2008. [29066/18]
View answerTuesday, 3 July 2018
Questions (85)
Written answers
Permanent TSB has provided the following response with reference to the Deputy's question: "Permanent TSB plc has been authorised to issue Mortgage Loans since 1994 (under a licence to carry on banking business within the State issued by the Central Bank of Ireland) and prior to that under the name of Irish Permanent Building Society. Permanent TSB plc, then called Irish Permanent plc, acquired the assets and liabilities of Irish Permanent Building Society in 1994 under the terms of a State approved conversion scheme."