285:
1107:
269:
press release, stated that the commercial and corporate strands of the business in
Ireland would remain unaffected. Bank of Scotland (Ireland) chief executive, Joe Higgins, said : "We have arrived at this difficult position only after an extensive and exhaustive review of all options to secure a viable future for the bank overall and for these businesses."
1121:
268:
announced that it would be shutting all of its 44 retail branches in the
Republic in addition to its customer service centre in Dundalk and direct support functions with a loss of 750 jobs. Halifax cited the economic crisis at the time as the main reason for this decision. The Bank, in its online
160:
The company was founded in 1965 as Equity Bank
Limited. In 1999, it was purchased by the Governor and Company of the Bank of Scotland. Later, the parent company established its own brand in the Irish market through the direct sales of mortgages from Edinburgh. Following this, it was decided to
206:'s ShopElectric chain of retail outlets, and turn them into a network of branches. This made the company the fourth-largest bank in Ireland, with 46 branches. The company detailed its retail banking plans on 10 January 2006, the first three branches opened the following day, as well as a
272:
However, in August 2010, it was announced that the remaining business of Bank of
Scotland Ireland was to be wound down by the end of the year. This followed losses of 1.88 billion euro in the first six months of the year, due mainly to impaired loans to property developers.
152:
brand. From 10 February 2010 the bank no longer accepted new business and it ceased to operate as a licensed bank on 31 December 2010. The assets of the bank were merged into Bank of
Scotland plc.
241:, in August 2006, the bank announced that it would adopt a two-brand strategy, re-branding as Halifax for its retail business and retaining the Bank of Scotland name for its commercial customers.
1154:
462:"Halifax.ie - Mortgages Ireland & Irish Mortgage in Ireland with Halifax. Mortgage Rates & Calculator, Fixed, Standard Variable, Tracker, Interest Only, 100% First Time Buyers"
195:
In 2004, the company took over the direct mortgage sales business from its parent company, and moved it to Dublin. Major new offices were also opened in a brand new building in
738:
1179:
946:
1164:
537:
546:
352:
1174:
26:
244:
In 2007, Halifax announced the launch a personal current account paying 10% interest on credit balances up to €2000 to customers lodging
1169:
1071:
731:
1149:
951:
812:
670:
382:
1041:
901:
189:
148:. It offered commercial and corporate banking services under the Bank of Scotland brand and retail banking services under the
1125:
1021:
680:
530:
298:
1159:
1111:
931:
817:
724:
966:
896:
507:
911:
822:
981:
906:
768:
523:
435:
409:
219:
203:
926:
685:
566:
956:
838:
796:
645:
562:
490:
356:
169:
976:
783:
747:
145:
461:
1092:
1066:
1046:
1036:
635:
223:
256:
debit card issued by other Irish banks back then, which had restricted usability outside
Ireland.
1011:
961:
695:
583:
253:
44:
326:
705:
387:
1026:
1016:
921:
773:
675:
640:
303:
265:
185:
141:
129:
1087:
873:
588:
248:
or more per month. The bank further announced that it was the first in
Ireland to offer a
916:
778:
234:
181:
124:
25:
1143:
1001:
846:
690:
665:
593:
660:
554:
515:
290:
215:
971:
936:
763:
700:
207:
941:
650:
609:
280:
249:
791:
199:, named "Bank of Scotland House" (formerly the site of the Carlton Cinema).
353:"Welcome to Bank of Scotland plc customers in Ireland and Northern Ireland"
1006:
614:
230:. The banks became the first Irish bank to open on Saturday as standard.
196:
716:
619:
211:
188:
to encourage investment in industry. The company was modelled on the
78:
330:
410:"Halifax to Launch Best Value Personal Current Account in Ireland"
991:
851:
245:
238:
109:
Various banking products aimed at the business and retail sector
720:
519:
491:"Halifax to shut branches in Ireland with loss of 750 jobs"
202:
In 2005, the company announced that it was taking over the
465:
436:"Halifax introduces 1st ever Visa Debit card in Ireland"
1155:
Financial services companies based in Dublin (city)
1080:
1059:
990:
889:
882:
860:
831:
805:
756:
628:
603:
Other commercial banks & financial institutions
602:
576:
553:
192:(later renamed ACC Loan Management, also defunct).
123:
113:
105:
95:
85:
74:
66:
58:
50:
40:
32:
168:In 2001, the bank purchased ICC Bank plc from the
485:
483:
327:"Bank of Scotland Ireland to close by December"
172:. This company, originally established as the
870:Lloyds Bank Insurance Services (intermediary)
732:
531:
8:
383:"Timeline of events in bank's short history"
18:
947:Lloyds and National Provincial Foreign Bank
867:Lloyds Bank General Insurance (underwriter)
442:. Bank of Scotland (Ireland). 24 April 2007
416:. Bank of Scotland (Ireland). 18 April 2007
886:
739:
725:
717:
629:Defunct banks & financial institutions
538:
524:
516:
17:
218:. This put it in direct competition with
161:rebrand the existing Irish operation as
321:
319:
315:
376:
374:
140:was a wholly owned subsidiary of the
7:
1120:
381:Press Association (19 August 2010).
1180:Irish companies established in 1965
1072:HBOS Group Reorganisation Act 2006
355:. Bank of Scotland. Archived from
226:, the smallest of the traditional
138:Bank of Scotland (Ireland) Limited
19:Bank of Scotland (Ireland) Limited
14:
1165:2010 disestablishments in Ireland
952:Lloyds Associated Banking Company
813:Agricultural Mortgage Corporation
178:Industrial Credit Corporation plc
1119:
1106:
1105:
902:Bank of London and South America
547:Banks of the Republic of Ireland
283:
24:
190:Agricultural Credit Corporation
1022:Bank of Scotland International
681:Leeds Building Society Ireland
577:The Big Three commercial banks
299:Bank of Scotland International
1:
818:Lloyds Bank Corporate Markets
237:and Bank of Scotland to form
144:, which later became part of
54:1965 (as Equity Bank Limited)
1175:Banks disestablished in 2010
967:National Bank of New Zealand
912:Cheltenham & Gloucester
897:Bank of London and Montreal
1196:
932:Hart, Fellow's and Company
823:Lloyds Development Capital
163:Bank of Scotland (Ireland)
1170:Banks established in 1965
1101:
907:Capital and Counties Bank
792:Schroders Personal Wealth
769:Lloyds Bank International
174:Industrial Credit Company
23:
1150:Defunct banks of Ireland
233:Following the merger of
204:Electricity Supply Board
180:, was set up in 1933 by
927:Fox, Fowler and Company
686:Nationwide UK (Ireland)
567:Central Bank of Ireland
1017:Banco Halifax Hispania
957:Lloyds Bank California
508:Halifax branches close
797:Halifax Share Dealing
788:St James's Place Bank
563:European Central Bank
252:card rather than the
176:, and later known as
1160:Lloyds Banking Group
977:Trustee Savings Bank
784:Birmingham Midshires
749:Lloyds Banking Group
146:Lloyds Banking Group
130:Bank of Scotland plc
1093:Museum on the Mound
1067:Lloyds TSB Act 1998
1037:Intelligent Finance
843:Colleys (surveyors)
440:Press Releases 2007
414:Press Releases 2007
264:On 9 February 2010
224:National Irish Bank
115:Number of employees
20:
1012:British Linen Bank
962:Lloyds Bank Canada
497:. 2 February 2010.
45:Financial services
1137:
1136:
1055:
1054:
1032:Halifax (Ireland)
714:
713:
388:Irish Independent
135:
134:
101:Joe Higgins (CEO)
1187:
1128:
1123:
1122:
1114:
1109:
1108:
1047:Sainsbury's Bank
1027:Clerical Medical
994:
922:Cunliffe, Brooks
887:
774:Bank of Scotland
750:
741:
734:
727:
718:
696:Rabobank Ireland
676:KBC Bank Ireland
671:Irish Nationwide
641:Anglo Irish Bank
540:
533:
526:
517:
510:
505:
499:
498:
487:
478:
477:
475:
473:
464:. Archived from
458:
452:
451:
449:
447:
432:
426:
425:
423:
421:
406:
400:
399:
397:
395:
378:
369:
368:
366:
364:
359:on 23 March 2011
349:
343:
342:
340:
338:
333:. 19 August 2010
323:
304:Sabadell Solbank
293:
288:
287:
286:
266:Bank of Scotland
186:Irish Free State
142:Bank of Scotland
62:31 December 2010
28:
21:
1195:
1194:
1190:
1189:
1188:
1186:
1185:
1184:
1140:
1139:
1138:
1133:
1126:
1112:
1097:
1088:Lloyds Bank RFC
1076:
1051:
992:
986:
917:Cox & Kings
878:
874:Scottish Widows
856:
827:
801:
752:
748:
745:
715:
710:
656:Halifax Ireland
624:
598:
589:Bank of Ireland
572:
549:
544:
514:
513:
506:
502:
495:The Irish Times
489:
488:
481:
471:
469:
468:on 6 April 2007
460:
459:
455:
445:
443:
434:
433:
429:
419:
417:
408:
407:
403:
393:
391:
380:
379:
372:
362:
360:
351:
350:
346:
336:
334:
325:
324:
317:
312:
289:
284:
282:
279:
262:
158:
116:
98:
88:
12:
11:
5:
1193:
1191:
1183:
1182:
1177:
1172:
1167:
1162:
1157:
1152:
1142:
1141:
1135:
1134:
1132:
1131:
1117:
1102:
1099:
1098:
1096:
1095:
1090:
1084:
1082:
1078:
1077:
1075:
1074:
1069:
1063:
1061:
1057:
1056:
1053:
1052:
1050:
1049:
1044:
1039:
1034:
1029:
1024:
1019:
1014:
1009:
1004:
998:
996:
988:
987:
985:
984:
979:
974:
969:
964:
959:
954:
949:
944:
939:
934:
929:
924:
919:
914:
909:
904:
899:
893:
891:
884:
880:
879:
877:
876:
871:
868:
864:
862:
858:
857:
855:
854:
849:
844:
841:
835:
833:
829:
828:
826:
825:
820:
815:
809:
807:
803:
802:
800:
799:
794:
789:
786:
781:
776:
771:
766:
760:
758:
754:
753:
746:
744:
743:
736:
729:
721:
712:
711:
709:
708:
706:Sinn Féin Bank
703:
698:
693:
688:
683:
678:
673:
668:
663:
658:
653:
648:
643:
638:
632:
630:
626:
625:
623:
622:
617:
612:
606:
604:
600:
599:
597:
596:
591:
586:
580:
578:
574:
573:
571:
570:
559:
557:
551:
550:
545:
543:
542:
535:
528:
520:
512:
511:
500:
479:
453:
427:
401:
370:
344:
314:
313:
311:
308:
307:
306:
301:
295:
294:
278:
275:
261:
258:
157:
154:
133:
132:
127:
121:
120:
117:
114:
111:
110:
107:
103:
102:
99:
96:
93:
92:
89:
86:
83:
82:
76:
72:
71:
70:Ceased trading
68:
64:
63:
60:
56:
55:
52:
48:
47:
42:
38:
37:
34:
30:
29:
13:
10:
9:
6:
4:
3:
2:
1192:
1181:
1178:
1176:
1173:
1171:
1168:
1166:
1163:
1161:
1158:
1156:
1153:
1151:
1148:
1147:
1145:
1130:
1129:
1118:
1116:
1115:
1104:
1103:
1100:
1094:
1091:
1089:
1086:
1085:
1083:
1079:
1073:
1070:
1068:
1065:
1064:
1062:
1058:
1048:
1045:
1043:
1040:
1038:
1035:
1033:
1030:
1028:
1025:
1023:
1020:
1018:
1015:
1013:
1010:
1008:
1005:
1003:
1002:Bank of Wales
1000:
999:
997:
995:
989:
983:
980:
978:
975:
973:
970:
968:
965:
963:
960:
958:
955:
953:
950:
948:
945:
943:
940:
938:
935:
933:
930:
928:
925:
923:
920:
918:
915:
913:
910:
908:
905:
903:
900:
898:
895:
894:
892:
888:
885:
881:
875:
872:
869:
866:
865:
863:
859:
853:
850:
848:
847:Lex Autolease
845:
842:
840:
837:
836:
834:
830:
824:
821:
819:
816:
814:
811:
810:
808:
804:
798:
795:
793:
790:
787:
785:
782:
780:
777:
775:
772:
770:
767:
765:
762:
761:
759:
755:
751:
742:
737:
735:
730:
728:
723:
722:
719:
707:
704:
702:
699:
697:
694:
692:
691:Newcomen Bank
689:
687:
684:
682:
679:
677:
674:
672:
669:
667:
664:
662:
659:
657:
654:
652:
649:
647:
644:
642:
639:
637:
634:
633:
631:
627:
621:
620:An Post Money
618:
616:
613:
611:
608:
607:
605:
601:
595:
592:
590:
587:
585:
582:
581:
579:
575:
568:
564:
561:
560:
558:
556:
552:
548:
541:
536:
534:
529:
527:
522:
521:
518:
509:
504:
501:
496:
492:
486:
484:
480:
467:
463:
457:
454:
441:
437:
431:
428:
415:
411:
405:
402:
390:
389:
384:
377:
375:
371:
358:
354:
348:
345:
332:
328:
322:
320:
316:
309:
305:
302:
300:
297:
296:
292:
281:
276:
274:
270:
267:
259:
257:
255:
251:
247:
242:
240:
236:
231:
229:
225:
221:
220:Permanent TSB
217:
213:
209:
205:
200:
198:
193:
191:
187:
183:
179:
175:
171:
166:
164:
155:
153:
151:
147:
143:
139:
131:
128:
126:
122:
118:
112:
108:
104:
100:
94:
90:
84:
80:
77:
73:
69:
65:
61:
57:
53:
49:
46:
43:
39:
35:
31:
27:
22:
16:
1124:
1110:
1031:
942:Lewis's Bank
661:First Active
655:
503:
494:
470:. Retrieved
466:the original
456:
444:. Retrieved
439:
430:
418:. Retrieved
413:
404:
392:. Retrieved
386:
361:. Retrieved
357:the original
347:
335:. Retrieved
291:Banks portal
271:
263:
243:
232:
227:
216:County Louth
201:
194:
177:
173:
167:
162:
159:
149:
137:
136:
75:Headquarters
33:Company type
15:
1060:Legislation
972:Porterbrook
937:Hill Samuel
839:Black Horse
764:Lloyds Bank
701:Ulster Bank
646:Danske Bank
222:as well as
208:call centre
182:Seán Lemass
170:Irish State
87:Area served
1144:Categories
890:Lloyds TSB
806:Commercial
651:Depfa Bank
363:24 January
310:References
250:Visa Debit
119:750 (2010)
97:Key people
36:Subsidiary
1042:The Leeds
861:Insurance
446:18 August
420:18 August
394:19 August
337:19 August
165:in 2000.
81:, Ireland
1113:Category
1007:Bankwest
982:TSB Bank
832:Consumer
636:ACC Bank
615:Investec
472:19 April
277:See also
228:Big Four
197:Limerick
106:Products
41:Industry
1127:Commons
779:Halifax
666:First-e
555:Central
260:Closure
235:Halifax
212:Dundalk
184:in the
156:History
150:Halifax
91:Ireland
59:Defunct
51:Founded
883:Former
757:Retail
125:Parent
79:Dublin
1081:Other
254:Laser
246:€1500
993:HBOS
852:MBNA
594:PTSB
474:2007
448:2010
422:2010
396:2010
365:2011
339:2010
239:HBOS
67:Fate
610:EBS
584:AIB
331:RTÉ
210:in
1146::
493:.
482:^
438:.
412:.
385:.
373:^
329:.
318:^
214:,
740:e
733:t
726:v
569:)
565:(
539:e
532:t
525:v
476:.
450:.
424:.
398:.
367:.
341:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
