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Website. www .bankofireland .com. Bank of Ireland Group plc ( Irish: Banc na hÉireann) is a commercial bank operation in Ireland and one of the traditional Big Four Irish banks. Historically the premier banking organisation in Ireland, the bank occupies a unique position in Irish banking history.
Allied Irish Banks Limited was formed in 1966 as a new company that acquired three Irish banks: Provincial Bank of Ireland, the Royal Bank of Ireland, and the Munster & Leinster Bank. In 1966, AIB's aggregate assets were IR£255 million (€323.8 million)—as at 31 December 2005, the AIB Group had assets of €133 billion. In the 1980s the ...
The Banking and Payments Federation Ireland ( BPFI) is the main representative body for the banking and financial services sector in Ireland. The BPFI was formed in 2014 from the merger of the Irish Payment Services Organisation with the Irish Banking Federation (IBF). [1] [2] Its predecessor, the Irish Banking Federation, was founded in 1973 ...
EBS Building Society was founded in 1935 by Alexander McCabe, Thomas J. O'Connell and other teachers to provide affordable housing finance for teachers and other civil servants. [2] [3] EBS was one of the last two Irish building societies owned by their members but since July 2011, has been a subsidiary of AIB Bank.
The post-2008 Irish banking crisis was when a number of Irish financial institutions faced almost imminent collapse due to insolvency during the Great Recession. In response, the Irish government instigated a €64 billion bank bailout. This then led to a number of unexpected revelations about the business affairs of some banks and business ...
That meant the closure of a number of smaller mortgage processing centres throughout the country. In 2008, the half-year profit from the mortgage business was £52 million. Following the financial crisis of 2007–08, the Bristol & West bank suffered large losses and, as a result, the Bank of Ireland took the decision to limit mortgage lending ...
Financial Regulator. The Financial Regulator ( Irish: Rialtóir Airgeadais ), officially the Irish Financial Services Regulatory Authority, was the single regulator of all financial institutions in Ireland from May 2003 until October 2010 and was a "constituent part" of the Central Bank of Ireland. [1] [2] It was re-unified with the Central ...
The Bank of Ireland Mortgage Bank ("Bank of Ireland") (the appellant in the appeal) brought a case in the High Court against Mr Coleman (the respondent in the appeal), a solicitor. [1] The basis of Bank of Ireland's claim was that Mr Coleman had given a solicitor's undertaking (a commitment to do or not to do something) not to release € ...