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:
“I have passed down the river before sunrise on a summer morning, between fields of lilies still shut in sleep; and when, at length, the flakes of sunlight from over the bank fell on the surface of the water, whole fields of white blossoms seemed to flash open before me, as I floated along, like the unfolding of a banner, so sensible is this flower to the influence of the sun’s rays.”
—Henry David Thoreau (1817–1862)
“Life springs from death and from the graves of patriot men and women spring living nations.... They think that they have pacified Ireland. They think that they have purchased half of us and intimidated the other half. They think that they have foreseen everything, think they have provided against everything; but the fools, the fools, the fools, they have left us our Fenian dead, and while Ireland holds these graves Ireland unfree shall never be at peace.”
—Patrick Henry Pearse (1879–1916)