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 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)
“It is often said that in Ireland there is an excess of genius unsustained by talent; but there is talent in the tongues.”
—V.S. (Victor Sawdon)