The Bank of Ireland (Irish: Banc na hÉireann) (ISEQ: BKIR. LSE: BKIR, NYSE: IRE) is a commercial bank operation in Ireland, which is 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. At the core of the modern-day group is the old Bank of Ireland, the ancient institution established by Royal Charter in 1783.
In March 2011 during the Irish banking crisis the bank was found to be in need of an external €5.2 billion bailout. According to a person familiar with the matter; in 2013 the bank is expected to return to profitability and greatly exceed market expectations for 1st quarter results.
Read more about Bank Of Ireland: History, Banknotes, Sports Sponsorship, 2008 Share Price Collapse
Famous quotes containing the words bank of, bank and/or ireland:
“A self is, by its very essence, a being with a past. One must look lengthwise backwards in the stream of time in order to see the self, or its shadow, now moving with the stream, now eddying in the currents from bank to bank of its channel, and now strenuously straining onwards in the pursuit of its chosen good.”
—Josiah Royce (1855–1916)
“The prairies were dust. Day after day, summer after summer, the scorching winds blew the dust and the sun was brassy in a yellow sky. Crop after crop failed. Again and again the barren land must be mortgaged for taxes and food and next year’s seed. The agony of hope ended when there was not harvest and no more credit, no money to pay interest and taxes; the banker took the land. Then the bank failed.”
—Rose Wilder Lane (1886–1968)
“There is no topic ... more soporific and generally boring than the topic of Ireland as Ireland, as a nation.”
—Ezra Pound (1885–1972)