The Central Bank of Ireland (Irish: Banc Ceannais na hÉireann) is the financial services regulator of Ireland and historically the central bank. The bank was the issuer of Irish pound banknotes and coinage until the introduction of the euro currency, and now provides this service for the European Central Bank.
The bank was founded in 1943 and since 1 January 1972 has been the banker of the Government of Ireland in accordance with the Central Bank Act 1971, which can be seen in legislative terms as completing the long transition from a currency board to a fully functional central bank.
The bank's head office is located on Dame Street, Dublin, where the public may exchange non-current Irish coinage and currency (both pre- and post-decimalization) for euro. This building attracted a lot of criticism, when built in 1980, both for its height and original roofline (in contravention of the planning permission) and for its brash appearance. The Currency Centre at Sandyford is the currency manufacture, warehouse and distribution site of the bank.
Read more about Central Bank Of Ireland: Functions and Objectives, History, Criticism, List of Governors of The Bank
Famous quotes containing the words central, bank and/or ireland:
“Et in Arcadia ego.
[I too am in Arcadia.]”
—Anonymous, Anonymous.
Tomb inscription, appearing in classical paintings by Guercino and Poussin, among others. The words probably mean that even the most ideal earthly lives are mortal. Arcadia, a mountainous region in the central Peloponnese, Greece, was the rustic abode of Pan, depicted in literature and art as a land of innocence and ease, and was the title of Sir Philip Sidney’s pastoral romance (1590)
“People get a bad impression of it by continually trying to treat it as if it was a bank clerk, who ought to be on time on Tuesday next, instead of philosophically seeing it as a painter, who may do anything so long as you don’t try to predict what.”
—Katharine Whitehorn (b. 1926)
“Come, fix upon me that accusing eye.
I thirst for accusation. All that was sung.
All that was said in Ireland is a lie
Breed out of the contagion of the throng,
Saving the rhyme rats hear before they die.”
—William Butler Yeats (1865–1939)