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:
“That strain again, it had a dying fall;
O, it came o’er my ear like the sweet sound
That breathes upon a bank of violets,
Stealing and giving odor. Enough, no more,
‘Tis not so sweet now as it was before.”
—William Shakespeare (1564–1616)
“Sport and death are the two great socializing factors in Ireland ...”
—Elizabeth Bowen (1899–1973)