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Home > Company Index > Banking > Other Banking Services > First Active PLC

First Active PLC
 PROFILE
First Active isn't shy about talking money. The Ireland-based bank's core business is providing residential mortgages and retail savings facilities in Ireland (two-thirds of sales) and the UK. First Active, which has about 50 branches in Ireland, also provides commercial mortgage lending, secured and unsecured personal lending, third-party insurance products, and money transmission services. Formerly a building society (First National Building Society), the company went public in 1998 as First Active. In 2000 the company agreed to sell 60% of its UK subsidiary First Active Financial (a provider of flexible and current account mortgages) to Britannic.

 COMPETITION
Allied Irish Banks, p.l.c. (AIB)
Bank of Ireland (IRE)
Prudential plc (PUK)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 486.00
1-Yr. Sales Growth: (20.3)%
Employees: 1,156
Revenue per employee: $420,415.22

 KEY PEOPLE
• Cormac McCarthy
    CEO

 CONTACT INFO
Skehan House
Booterstown Co. Dublin, Ireland
Phone: 353-1 2-1801
Fax: 353-1 2-5300
Online: Web Site

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