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Learn about the history, products, and services of Bank of Ireland, the oldest bank in continuous operation in Ireland. Find out how it survived the financial crisis, merged with other banks, and became a significant institution under European supervision.
A comprehensive list of commercial and defunct banks operating in Ireland, including Bank of Ireland, Allied Irish Banks, ACC Bank and others. The list also includes building societies and credit institutions authorized by the Central Bank of Ireland.
The BPFI is the main representative body for the banking and financial services sector in Ireland, formed in 2014 from the merger of the IBF and the Irish Payment Services Organisation. It works with members, government, the Central Bank and other groups to support the development and growth of the banking sector in Ireland.
The majority of transactions involve the major banks and they in turn tend to enter into contracts with institutions outside Ireland, particularly in the EU. The Irish Stock Exchange also has the facility for exchange traded derivatives. Ireland's proximity to London, shared language and time zone is a benefit to its financial services industry.
Post Office Money offers credit cards, current accounts, mortgages, personal loans, insurance and savings products to customers in the UK through Post Office branches, the internet and telephone. It was launched in 2015 as an umbrella brand for various financial services provided by different providers and partners.
SBCI is a public bank that provides finance to the main banks for small and medium-sized businesses in Ireland. It was established in 2015 to fill the gap left by the Irish banking crisis and has lent €347m as of 2016.
The Central Bank of Ireland is the Irish member of the Eurosystem and the country's main financial regulatory authority. It was founded in 1943 and issued the Irish pound until 1998, when it joined the European Exchange Rate Mechanism.
The Irish Payment Services Organisation Limited (IPSO) was established in June 1997. [1] IPSO was a company limited by guarantee owned by its member banks. [2]Its primary objective was to preserve the integrity and security of the bank payment system in Ireland - the systems used for the settlement of physical cheques as well as ATM transfers and debit and credit card purchases.
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