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First Trust Bank
AIB (NI) (formerly known as First Trust Bank) is a commercial bank in Northern Ireland that is part of Allied Irish Banks's UK subsidiary AIB Group (UK), AIB Group (UK) plc. It is one of the Big Four (banking)#Ireland, Big Four banks in Ireland. The bank was created in 1991 when ''Trustee Savings Bank, TSB Northern Ireland'' merged with the AIB Group's other interests. The bank can trace its existence back to 1816 with the founding of the ''Belfast Savings Bank''. The bank was one of the four banks that issued Pound Sterling banknotes in Northern Ireland until February 2019; First Trust notes are still in circulation. Allied Irish Banks confirmed plans to sell off the bank in April 2010 as part of plans to raise capital, however these plans were subsequently shelved and instead the bank announced investment plans starting in 2014. The bank traded as First Trust Bank in Northern Ireland until November 2019. Banking services Allied Irish Banks' UK division, with total assets of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote Issuers Of Northern Ireland
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This practice of "backing" notes with something of substance is t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of The United Kingdom
Central bank The Bank of England is the central bank of the United Kingdom. The Big Four British banking has been highly consolidated since the early 20th century. Unlike some other major economies, the UK does not have a major stratum of independent local banks. The number of independent banks shrank further during 2008: Northern Rock was nationalised by the UK Government (and is now owned by Virgin Money), followed by Bradford & Bingley; Alliance & Leicester was acquired by Santander, who merged it into Santander UK. On 18 September 2008, Lloyds TSB plc entered into a confirmed agreement to take over HBOS plc, which took effect on 19 January 2009, when HBOS was acquired and folded into Lloyds Banking Group. The retail and commercial banking markets are dominated by HSBC, Barclays, Lloyds Banking Group, NatWest Group and Spanish-owned Santander UK (most of these companies operate more than one banking brand in the UK). Banks incorporated in the UK A full list of busi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Northern Ireland
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Permanent TSB
Permanent TSB Group Holdings plc, formerly Irish Life and Permanent plc is a provider of personal financial services in Ireland. Irish Life Assurance plc and the Irish Permanent Building Society merged to form the Irish Life and Permanent Group in 1999 and the merged entity acquired the Trustee Savings Bank in 2001. The group has no connection to the UK's TSB Bank. History The bank is historically derived from three different companies: * Irish Life Assurance * Irish Permanent Building Society * Trustee Savings Bank (no relation to the British bank of the same name) Irish Life Assurance plc (founded 1939) and the Irish Permanent Building Society (founded 1884) merged to form the Irish Life and Permanent Group in 1999 and the merged entity acquired the Trustee Savings Bank (founded 1816) in 2001. Irish Life Assurance Irish Life was a life assurance company created in 1939 with state assistance and concentrated on life assurance and investment products. * The City of Dublin As ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dunluce Castle
Dunluce Castle (; ) is a now-ruined medieval castle in Northern Ireland, the seat of Clan MacDonnell. It is located on the edge of a basalt outcropping in County Antrim (between Portballintrae and Portrush), and is accessible via a bridge connecting it to the mainland. The castle is surrounded by extremely steep drops on either side, which may have been an important factor to the early Christians and Vikings who were drawn to this place where an early Irish fort once stood. Protected status Dunluce Castle is in the care of the Northern Ireland Environment Agency. It is a monument in state care sited in the townland of Dunluce, in Coleraine Borough Council area, at grid ref: C9048 4137. The earthworks, adjacent to Dunluce Castle, are a scheduled historic monument, at grid ref: area of C905 412. History In the 13th century, Richard Óg de Burgh, 2nd Earl of Ulster, built the first castle at Dunluce. It is first documented in the hands of the McQuillan family in 1513. The earli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Giant's Causeway
The Giant's Causeway is an area of about 40,000 interlocking basalt columns, the result of an ancient volcanic fissure eruption. It is located in County Antrim on the north coast of Northern Ireland, about three miles (5 km) northeast of the town of Bushmills. It was declared a World Heritage Site by UNESCO in 1986 and a national nature reserve by the Department of the Environment for Northern Ireland in 1987. In a 2005 poll of ''Radio Times'' readers, the Giant's Causeway was named the fourth-greatest natural wonder in the United Kingdom. The tops of the columns form stepping stones that lead from the cliff foot and disappear under the sea. Most of the columns are hexagonal, although some have four, five, seven or eight sides. The tallest are about 12 metres (39 ft) high, and the solidified lava in the cliffs is 28 metres (92 ft) thick in places. Much of the Giant's Causeway and Causeway Coast World Heritage Site is owned and managed by the Natio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Girona (ship)
''La Girona'' was a galleass of the 1588 Spanish Armada that foundered and sank off ''Lacada Point'', County Antrim, on the night of 26 October 1588, after making its way eastward along the north coast of Ulster. The wreck is noteworthy for the great loss of life that resulted and the treasures recovered. Introduction ''La Girona'' (/ lɑː xɪˈrɔːnɑː/) was named after the ''Girones'' family, who at the time had just become Dukes of Osuna and viceroys of Naples (not after ''Girona'', the Catalan name of the city and province of Gerona). Its captain was Hugo de Moncada y Gralla, knight of the Order of Malta. Shipwreck ''La Girona'' had anchored with a damaged rudder in Killybegs Harbour in the south-west of Tír Chonaill, a Gaelic ''túath'' that covered most of the then newly established County Donegal in the west of Ulster. With the assistance of an Irish chieftain, MacSweeney Bannagh, she was repaired and set sail for the Kingdom of Scotland on 28 October, with 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
County Antrim
County Antrim (named after the town of Antrim, ) is one of six counties of Northern Ireland and one of the thirty-two counties of Ireland. Adjoined to the north-east shore of Lough Neagh, the county covers an area of and has a population of about 618,000. County Antrim has a population density of 203 people per square kilometre or 526 people per square mile. It is also one of the thirty-two traditional counties of Ireland, as well as part of the historic province of Ulster. The Glens of Antrim offer isolated rugged landscapes, the Giant's Causeway is a unique landscape and a UNESCO World Heritage Site, Bushmills produces whiskey, and Portrush is a popular seaside resort and night-life area. The majority of Belfast, the capital city of Northern Ireland, is in County Antrim, with the remainder being in County Down. According to the 2001 census, it is currently one of only two counties of the Island of Ireland in which a majority of the population are from a Protestant back ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish Armada In Ireland
The Spanish Armada in Ireland refers to the landfall made upon the coast of Ireland in September 1588 of a large portion of the 130-strong fleet sent by Philip II to invade England. Following its defeat at the naval battle of Gravelines the Armada had attempted to return home through the North Atlantic, when it was driven from its course by violent storms, toward the west coast of Ireland. The prospect of a Spanish landing alarmed the Dublin government of Queen Elizabeth I, which prescribed harsh measures for the Spanish invaders and any Irish who might assist them. Up to 24 ships of the Armada were wrecked on a rocky coastline spanning 500 km, from Antrim in the north to Kerry in the south, and the threat to Crown authority was readily defeated. Many of the survivors of the multiple wrecks were put to death, and the remainder fled across the sea to Scotland. It is estimated that some 6,000 members of the fleet perished in Ireland or off its coasts. Background The Sp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish Armada
The Spanish Armada (a.k.a. the Enterprise of England, es, Grande y Felicísima Armada, links=no, lit=Great and Most Fortunate Navy) was a Spanish fleet that sailed from Lisbon in late May 1588, commanded by the Duke of Medina Sidonia, an aristocrat without previous naval experience appointed by Philip II of Spain. His orders were to sail up the English Channel, link up with the Duke of Parma in Flanders, and escort an invasion force that would land in England and overthrow Elizabeth I. Its purpose was to reinstate Catholicism in England, end support for the Dutch Republic, and prevent attacks by English and Dutch privateers against Spanish interests in the Americas. The Spanish were opposed by an English fleet based in Plymouth. Faster and more manoeuvrable than the larger Spanish galleons, they were able to attack the Armada as it sailed up the Channel. Several subordinates advised Medina Sidonia to anchor in The Solent and occupy the Isle of Wight, but he refused to devia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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