Bank of Ireland (Belfast)

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Established in Dublin in 1973, the Bank of Ireland quickly became the dominant force of Ireland despite having no branch offices. For many years no rival bank was permitted by law to have more than six partners or shareholders which led to the setting up a large number of small and inadequately capitalised banks throughout Ireland.

Around 1820 many of these banks failed, but still the bank of Ireland refused to establish branches outside Dublin, leading to an amendment in the law permit the establishment of joint stocks banking companies in Ireland from 1824 onwards. This change persuaded the Bank of Ireland to immediately open branch offices in order to complete with its new laws.

For a time the Bank of Ireland retained some privileges, in the prior to 1845 no note-issuing joint stock bank was permitted to carry on business anywhere within 65 miles radius of Dublin. Even after it lost that advantage, the Bank of Ireland remains by far the largest Irish bank until recent years. It was the Government banker and act in a similar capacity to the Bank o f England, whilst at the same time offering a full ranger of clearing bank services through a widespread branch network. Until 1929 it had a dominant share of the Irish note issue.

The Bank of Ireland’s position was further strengthened when it took over the Hibernian Bank of 1958, and seven years later acquired the Irish business of the National Bank. However, Allied Irish Banks has recently come to rival it in size and profitability.

£ 1 Notes - Bank of Ireland (Belfast)
Established in Dublin in 1973, the Bank of Ireland quickly became the dominant force of Ireland despite having no branch offices. For many years no rival bank was permitted by law to have more than six partners or shareholders which led to the setting up a large number of small and inadequately capitalised banks throughout Ireland.

£ 5 Notes - Bank of Ireland (Belfast)
Established in Dublin in 1973, the Bank of Ireland quickly became the dominant force of Ireland despite having no branch offices. For many years no rival bank was permitted by law to have more than six partners or shareholders which led to the setting up a large number of small and inadequately capitalised banks throughout Ireland.

£10 Notes - Bank of Ireland (Belfast)
Established in Dublin in 1973, the Bank of Ireland quickly became the dominant force of Ireland despite having no branch offices. For many years no rival bank was permitted by law to have more than six partners or shareholders which led to the setting up a large number of small and inadequately capitalised banks throughout Ireland.

£100 Notes - Bank of Ireland (Belfast)
Established in Dublin in 1973, the Bank of Ireland quickly became the dominant force of Ireland despite having no branch offices. For many years no rival bank was permitted by law to have more than six partners or shareholders which led to the setting up a large number of small and inadequately capitalised banks throughout Ireland.

£20 Notes - Bank of Ireland (Belfast)
Established in Dublin in 1973, the Bank of Ireland quickly became the dominant force of Ireland despite having no branch offices. For many years no rival bank was permitted by law to have more than six partners or shareholders which led to the setting up a large number of small and inadequately capitalised banks throughout Ireland.

£50 Notes - Bank of Ireland (Belfast)
Established in Dublin in 1973, the Bank of Ireland quickly became the dominant force of Ireland despite having no branch offices. For many years no rival bank was permitted by law to have more than six partners or shareholders which led to the setting up a large number of small and inadequately capitalised banks throughout Ireland.

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