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