Banking 365

The Bank of Ireland (Irish: Banc na hÉireann) ISEQ: BKIR LSE BKIR NYSE: IRE is a commercial bank operation in Ireland, which is one of the 'Big Four' in both parts of the island.
Historically the premier banking organisation in Ireland, today Bank of Ireland is number two to Allied Irish Banks. The Bank occupies a unique position in Irish banking history. At the core of the modern-day group is the old Bank of Ireland, the ancient institution established by Royal Charter in 1783.
The Bank of Ireland should not be confused with the Central Bank of Ireland, as it is a commercial bank and not the Irish central bank (however, nor is the Central Bank of Ireland for most monetary policies, with the decision of most resting with the ECB .

Banking

A bank is a financial institution licensed by a government. Its primary activities include borrowing and lending money. Many other financial activities were allowed over time. For example banks are important players in financial markets and offer financial services such as investment funds. In some countries such as Germany, banks have historically owned major stakes in industrial corporations while in other countries such as the United States banks are prohibited from owning non-financial companies. In is prevalent, as most banks offer insurance services (and now real estate services) to their clients.
The level of government regulationof the banking industry varies widely, with countries such as Iceland, the United Kingdomand the United States having relatively light regulation of the banking sector, and countries such as Chinahaving relatively heavier regulation (including stricter regulations regarding the level of reserves