Bank of Ireland History

2000 - Present

• 2022

  Bank of Ireland returns to full private ownership as the State’s shareholding is reduced to zero.

• 2022

  Bank of Ireland Group completes the acquisition of Davy

• 2017

  Bank of Ireland Group plc is established and becomes the listed parent company of the Group.

• 2016

  Bank of Ireland accredited with the Business Working Responsibly Mark.

• 2015

  Bank of Ireland UK and AA announce financial partnership.

• 2014

  Bank of Ireland returns to profitability.

• 2013

  Bank of Ireland repays Government Preference Shares. Total returned to taxpayers exceeds €6 billion.

• 2012

  Bank apps launched for mobile smartphones.

• 2011

  €4.7 billion investment received from Irish Government and taxpayers.

• 2010

  European Commission approves the Bank of Ireland’s Restructuring Plan

• 2010

  40 Mespil Road, Dublin 4 becomes the new Group Head Office

• 2009

  €3.5 billion recapitalisation received from Irish Government

• 2008

  The Irish Government guarantees the deposits and other debt liabilities of 6 Irish financial institutions including Bank of Ireland Group

• 2007

  The Joint Venture with the Post Office is extended to 2020

• 2005

  The Group sells the Bristol & West branch network

• 2004

  The Group announces its acquisition of Burdale Financial Holdings

• 2004

  The Group increase its stake in Iridian Asset Management to 76%

• 2004

  The Group sells its interest in Chase de Vere Financial Solutions

• 2004

  The Group announces a pilot Joint Venture with the Canadian Post Office

• 2003

  The Group acquires Foreign Currency Exchange Corp in the US

• 2003

  The Group announces a Financial Services Joint Venture with the UK Post Office

• 2002

  The Group acquires a 61% stake in Iridian Asset Management

• 2001

  The Group acquires Moneyextra

• 2000

  The Group acquires Chase de Vere Investments

1981-1999

• 1997

  Banking 365 Online Banking is launched

• 1997

  The Group acquires New Ireland Assurance plc

• 1997

  The Group acquires Bristol & West plc

• 1996

  Banking 365 Telephone Banking is launched

• 1990

  The Group issues Visa Cards for the first time

• 1989

  The Group launches Private Banking

• 1987

  The Group launches Lifetime, its life assurance business

• 1981

  The Group issues Access Cards for the first time

1901-1980

• 1980

  The first PASS ATM is launched

• 1969

  The National Bank of Ireland, Hibernian and Bank of Ireland merge to form the Bank of Ireland Group

• 1966

  Bank of Ireland Asset Management is founded.

• 1966

  Investment Bank of Ireland established

• 1965

  The Bank took over the Irish interests of the National Bank Ltd, changing its name back to the National Bank of Ireland Ltd

• 1958

  The Bank acquires the share capital of Hibernian Bank Ltd.

• 1926

  The Bank acquired the National Land Bank and changed its name to the National City Bank Ltd.

• 1922

  The Bank is officially appointed official banker to the Irish Government

• 1920

  The branch network grows to 75

1783 - 1900

• 1883

  The branch network grows to 58

• 1864

  The Bank pays interest on deposits for the first time

• 1827

  There are seven branches located in Cork, Waterford, Clonmel, Newry, Belfast, Londonderry and Westport

• 1808

  College Green opens its doors to the public

• 1803

  The premises at College Green were purchased for £40,000

• 1783

  Bank of Ireland first opens its doors to the public at Mary’s Abbey, Dublin