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Report - The National Bank - October 2008

Discussion in 'Other Sites' started by northcave, Oct 10, 2008.

  1. northcave

    northcave blatant is the new covert
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    Formally the National Bank of Ireland, it was established in January 1835 as a joint-stock bank by a group of MPs and other gentlemen, including Daniel O'Connell, champion of Catholic emancipation in Ireland. Frustrated by the exclusivity of the Bank of Ireland (est. 1783), and the English orientation of the Provincial Bank of Ireland (est. 1825), the founders aimed to form a bank both to provide capital for Irish economic development and to serve the needs of small traders and tenant farmers, as well as those of the gentry.

    By the end of 1835 the bank had opened eleven branches and eighteen sub-branches and an unsuccessful attempt had been made to establish a subsidiary company in Belfast, as the Belfast National Bank of Ireland.

    In July 1854 the bank opened its first branch in England at 13 Old Broad Street in the City of London, where the board had met since 1839. In 1856, the bank's name was changed from National Bank of Ireland to The National Bank Ltd. The bank opened 44 English and Welsh branches and sub-branches between 1835 and 1966, located in South Wales, London and other key English cities such as Manchester and this example, Liverpool.

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    #1 northcave, Oct 10, 2008
    Last edited: May 6, 2011

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