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In 1922, Bank of Ireland was appointed as banker to the Government of Ireland. [10] In 1926, Bank of Ireland took control of the National Land Bank. [6] [11] In 1948, The Bank of Ireland 1783–1946 by F.G. Hall was published jointly by Hodges Figgis (Dublin) and Blackwell's (Oxford). [12] In 1958, the bank took over the Hibernian Bank Limited. [6]
The weakness of the paper currency in Ireland lead to pressure for the creation of a ‘National Bank’ to provide a stable currency. Eventually, the Bank of Ireland was created to fill this need. The Bank of Ireland was the first joint stock bank to produce notes intended for use throughout Ireland; its first issue was in 1783. [2]
Issued under a licence of the Bank of England to four retail banks : Bank of Ireland, First Trust Bank, Danske Bank (formerly Northern Bank) and Ulster Bank. [1] Jersey; Jersey pound (local, government-issued sterling banknotes and coins) Issued by license of the Bank of England to the Treasury and Resources Department, States of Jersey [2 ...
An Act to regulate the issue of Bank Notes in Ireland, and to regulate the repayment of certain sums advanced by the Governor and Company of the Bank of Ireland for the public service. Sections six and seven. 19 & 20 Vict. c. 97 Mercantile Law Amendment Act 1856: The Mercantile Law Amendment Act, 1856. Section twenty-four. 23 & 24 Vict. c. 111
Northern Irish banknotes are fully backed such that holders have the same level of protection as those holding genuine Bank of England notes. [2] The £20 note is currently the third largest of five denominations of banknote issued by the Bank of Ireland. [3] The £20 note of the Queen's University Belfast Series was first issued in 2007.
The Central Bank of Ireland, as an agency of the European Central Bank, produces euro banknotes at its Currency Centre in Sandyford Industrial Estate, Dublin. Central banks in the Eurozone provide banknotes of one denomination each year, according to demand and a rotating allocation (determined by the ECB).
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The Currency Commission (Coimisiún an Airgid Reatha), was created by the Currency Act, 1927 (Section 14) as part of the policy of the Irish Free State to create the 'Saorstát pound'. The Currency Commission commissioned the Series A Banknotes , through the advice of an advisory commission.