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Wednesday, August 19, 2009

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 .

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