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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]
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.
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.
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Richie Boucher (aged 50 in 2009) [1] is a former chief executive officer (CEO) of the Bank of Ireland, Ireland's largest bank.He was succeeded by Francesca McDonagh in October 2017, having taken on the role on 25 February 2009 from Brian Goggin, who resigned following the injection of Irish Government funds and the guarantee of deposits.
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Patrick Kennedy is the Governor of the Bank of Ireland. [1] He took over the role on 31 July 2018 after Archie Kane retired. Patrick Kennedy previously served as the deputy governor of the bank since 2015. [2] After school in Gonzaga College, he graduated from University College Dublin, [3] and qualified as a Chartered Accountant.