Shareholders at Irish Life and Permanent's AGM in Dublin today heard that the bank had made a good start to 2006.
'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,' commented IL&P's Chairman Gillian Bowler.
The Chairman said that lending growth is very strong, while Irish Life and Permanent continues to be 'very successful' in respect of its current account campaign.
'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 if before any impact from SSIA accounts,' Ms Bowler added.
IL&P shares closed up five cent at €18.80 in Dublin.