More than 1,500 visitors to Bank of Ireland’s NYC Hub
- Bank of Ireland is Ireland’s leading business and corporate bank with c.300,000 customers and more than €27 billion in lending across Ireland, the UK, EU and US
16 March 2023: Bank of Ireland’s NYC Hub, created to support ever-closer economic ties between Ireland and the United States, has welcomed more than 1,500 visitors over the past 12 months.
Relaunched in 2022 as the world emerged from the pandemic, NYC Hub, located in the Bank’s offices at 2 Grand Central Tower in Manhattan, is a flexible workspace containing seven offices, three meeting rooms, a conference room and 20 hot desks which can be booked on a group or individual basis. It can also be used as an event space accommodating up to 120.
NYC Hub can be used by Bank of Ireland business and corporate banking customers looking to expand into the United States, customers with established US operations, or US-based customers who have a presence in Ireland. The space can be used for working, meetings with potential customers and investors, and larger presentations and networking events.
Gavin Kelly, CEO of the Bank of Ireland’s Corporate and Markets division, said:
“The Bank of Ireland NYC Hub was created to give our business and corporate banking clients a place to work or meet their customers, suppliers and investors – right in the heart of Manhattan. One of the core aims of NYC Hub is to offer something very practical and useful to our customers who may be looking to expand into the US. That can be a busy and high-pressure time, and having NUC Hub available to them means one less thing to worry about.”
“At Bank of Ireland we want to foster and maintain close economic ties between Ireland and the United States which benefit those on both sides of the Atlantic. Our teams in New York, Chicago, LA and Stamford work with customers looking to expand to the US. We also strongly support inward investment into Ireland, banking 6 out of every 10 new FDI companies.”
Ireland is the ninth largest source of FDI to the US with more than 900 companies employing 110,000 people. In Ireland, there are now 950 US companies employing 376,000 people directly.
Bank of Ireland’s Corporate and Markets Division has a team of more than 1,100 dedicated to serving a wide range of SMEs and larger national and international corporations. The Division also includes wholesale financial markets services, specialised acquisition finance, and property lending activities. Across the entire footprint of the Group – Ireland, the UK, France, Germany, Spain, and the US – Corporate and Markets has total customer lending of more than €27 billion.