First Citizen Finance


First Citizen Finance DAC


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irst Citizen Finance DAC was established in October 2012 by the former senior management team of permanent tsb Finance


Limited, and commenced business in January 2013. First Citizen Finance is a wholly owned indigenous Irish company employing over 60 staff. Headquartered in Dublin and represented nationwide, it is ideally placed to serve its customers’ needs throughout Ireland. Chris Hanlon, Managing Director of First


Citizen Finance and former Chief Executive of permanent tsb Finance, oversaw the organic growth of PTSBF into the leading provider of motor finance. From 1993 to 2012, it was the largest provider of wholesale funding to distributors and retail car finance to over 400 franchised motor dealers, approved by SIMI. It had long associations with brands such as Opel, Nissan, Fiat, Hyundai, Kia, Mitsubishi and Citroën, to name but a few. At one stage, PTSBF was processing over 100,000 credit applications every year, over a diverse range of products including cars, motorcycles, agricultural machinery, Section 481 film finance, office equipment and computers. Total assets under management peaked at €1.9 billion.


6 Auto Ireland 2017


Open For New Business First Citizen Finance entered the Irish car


finance market in 2014. Since then, it has reconnected with over 450 motor dealers across all brands and franchises throughout Ireland, providing a range of competitive motor finance products for private and business users. Finance solutions can be tailored to suit


individual requirements. Flexible and competitive repayment plans are available to help buyers drive away in the car of their dreams.


According to Chris Hanlon, Managing


Director of First Citizen Finance, the company’s entry into the car finance market was “nationwide and comprehensive” and has resulted in First Citizen becoming an integral part of the motor finance marketplace. First Citizen’s arrival in the marketplace led to greater competition and improved service levels, to the long term benefit of all customers. First Citizen Finance can be contacted


directly on 01 884 6700 or online at www.firstcitizen.ie.


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