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That meant the closure of a number of smaller mortgage processing centres throughout the country. In 2008, the half-year profit from the mortgage business was £52 million. [11] Following the financial crisis of 2007–08, the Bristol & West bank suffered large losses and, as a result, the Bank of Ireland took the decision to limit mortgage ...
Bank of Scotland (Ireland) Danske Bank; First Active; ICS Building Society (previously Irish Civil Service Building Society) – investment shares acquired in 1984 by Governor and Company of the Bank of Ireland as well as society savers but ran separately for a period until a legislative change after the 1987 General Election.
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]
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Post Office Money offers mortgages and also offers personal loans, although the latter are now marketed purely through the company's website and not through the branch network. The first loans, provided by Bank of Ireland, launched in 2004. [9] Post Office branded credit cards have also been introduced.
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Following this, it was decided to rebrand the existing Irish operation as Bank of Scotland (Ireland) in 2000. In 2001, the bank purchased ICC Bank plc from the Irish State . This company, originally established as the Industrial Credit Company , and later known as Industrial Credit Corporation plc , was set up in 1933 by Seán Lemass in the ...