Full statement issued by Irish Life & Permanent on Tuesday, February 10th, 2009.
Irish Life & Permanent plc confirms that it provided exceptional support to Anglo Irish Bank during September 2008 and in particular on the 30th September 2008 following the introduction of the Government Guarantee Scheme.
During a period of unprecedented turmoil in global financial markets there was an acceptance that financial institutions would seek to provide each other with appropriate support where possible.
The transactions were fully and appropriately accounted for in the books and records of Irish Life & Permanent and in our regular reports and returns to the Financial Regulator.
