Permanent TSB (PTSB) is a significant provider of retail financial services in the Irish domestic banking market. It offers a broad range of banking products and financial services to its customers including current accounts, retail and corporate and institutional deposits, residential mortgages, term loans, credit cards and overdrafts. It also provides general insurance, pensions, investments and life insurance.

PTSB has 77 branches nationwide, 2,400 employees and just over 1.1 million customers across the country. Established in 1884, it was originally called ‘Irish Temperance Permanent Benefit Building Society’, before it changed its name to ‘Irish Permanent Building Society’ in 1940.

In 1999 Irish Life plc and Irish Permanent plc merged. Then in 2001 we saw the acquisition of TSB Bank from the Irish government. In 2012, Irish Life Group was sold to the Irish State for €1.3b Irish Life & Permanent Group Holdings plc changed its name to ‘Permanent TSB Group Holdings plc’ and they also acquired Northern Rock’s Irish deposit business.