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Simon Danaher

Irish Nationwide IOM rebrands

From Europe Feb 15 2012 BY: Simon Danaher , Online News Editor , International Adviser

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Irish Nationwide (IOM) is to rebrand to Permanent Bank International from today, following its acquisition by Irish Life & Permanent in February last year.

Permanent Bank International said, as a result of its acquisition, it has already been able to launch a “new and wider range of deposit accounts” and that “additional longer term deposit accounts will be launching during the year”.

In a letter sent to the bank’s customers, it confirmed the bank will remain part of the Isle of Man Depositors Compensation Scheme. The letter also confirmed the company’s new website which will be www.permanent-bank.com.

Earlier this year, the Isle of Man’s Financial Supervision Commission issued a warning regarding a website which was claiming to represent Irish Nationwide. The FSC warned individuals to exercise greatest possible caution before considering dealing with the “potentially fraudulent entity”.

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