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Allied Irish Banks Limited was formed in 1966 as a new company that acquired three Irish banks: Provincial Bank of Ireland, the Royal Bank of Ireland, and the Munster & Leinster Bank. In 1966, AIB's aggregate assets were IR£255 million (€323.8 million)—as at 31 December 2005, the AIB Group had assets of €133 billion. In the 1980s the ...
The post-2008 Irish banking crisis was when a number of Irish financial institutions faced almost imminent collapse due to insolvency during the Great Recession. In response, the Irish government instigated a €64 billion bank bailout. This then led to a number of unexpected revelations about the business affairs of some banks and business people.
AIB (NI) (formerly known as First Trust Bank) is a commercial bank in Northern Ireland that is part of Allied Irish Banks 's UK subsidiary AIB Group (UK) plc. It is one of the Big Four banks in Ireland. The bank was created in 1991 when TSB Northern Ireland merged with the AIB Group's other interests. The bank can trace its existence back to ...
ACC Bank; Anglo Irish Bank – in July 2011, merged with the Irish Nationwide Building Society, forming a new company named the Irish Bank Resolution Corporation, itself dissolved in February 2013 under special liquidation following its recapitalisation and directive of Minister for Finance under powers from Credit Institutions (Stabilisation ...
EBS Building Society was founded in 1935 by Alexander McCabe, Thomas J. O'Connell and other teachers to provide affordable housing finance for teachers and other civil servants. [2] [3] EBS was one of the last two Irish building societies owned by their members but since July 2011, has been a subsidiary of AIB Bank.
10,845 (2023) Website. www .bankofireland .com. Bank of Ireland Group plc ( Irish: Banc na hÉireann) is a commercial bank operation in Ireland and 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.
Returning to Ireland in 2011, Duffy was appointed CEO of Allied Irish Banks (AIB Group plc), one of the largest retail and commercial banks in Ireland. Duffy was pivotal in the turnaround of AIB, returning it to a profit making institution after its bail-out by the Irish government. Duffy joined Clydesdale Bank in June 2015 as CEO.
IFSC House - the former offices of AIB (IFSC, Custom House Quay, Dublin 1) Central Bank of Ireland headquarters with the foundations of Salesforce new Dublin office and the MV Cill Airne in the foreground (Spencer Dock, North Wall Quay, Dublin 1)