Bank of Ireland

The Bank of Ireland was founded in 1783 and is one of Ireland’s largest commercial banks. By 1920 its branch network had grown to 75 branches throughout the island of Ireland. Appointed Government bank in 1922 with the establishment of the Irish Free State, it ceded its notes issuance in what is now the Republic of Ireland to the Irish Currency Commission, later evolved into the Central Bank of Ireland It merged with other clearing banks, the National Bank of Ireland, and Hibernian Bank to form the Bank of Ireland group in 1969.

In 2008, Bank of Ireland was one of 6 Irish financial institutions whose deposits and debt liabilities were guaranteed by the Irish Government. In the 3 subsequent years the bank received capitalisation and equity investment from the Irish sovereign of €8.3bn. In 2013 the Bank of Ireland repaid the Government’s Preference Shares, with the total returned to taxpayers exceeding €6 billion. The state continues to hold a c.14% shareholding in the Group. In 2017, it was restructured putting in place a new listed holding company, the Bank of Ireland Group plc, above the previous listed entity, the Governor and Company of the Bank of Ireland, originally incorporated by Royal Charter in 1783.

Senior Executives

• Myles O'Grady, Chief Executive
  
• Gavin Kelly, CEO
  
• Peter Mullen, Head of Acquisition Finance
  

Contact Details

Address:	2 Burlington Plaza, Burlington Road, Dublin 4, D04 VX58
Phone:	+353 (0)76 624 4400	Fax:	+353 (0)76 624 4655
Web address:	www.bankofireland.com/corporate

Parent

Bank of Ireland Group
Domicile Country of parent:	Ireland	Ultimate Parent:	Bank of Ireland Group

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