John McGuinness
Question:94. Deputy John McGuinness asked the Minister for Finance if he will provide a list of all banks licensed to operate in Ireland; the date each one was issued; and the particular focus of each. [42925/23]
View answerWednesday, 4 October 2023
Questions (94)
Written answers
There are 17 banks authorised under Irish legislation, Section 9 of the Central Bank Act 1971, to carry on banking business in the State. These banks together with the start date for their licenses are listed below.
Including the 17 banks referred to above, there are 433 institutions listed in the Central Bank’s register of credit institutions permitted to operate in Ireland. The majority of these are eligible to provide banking services here on a cross border basis under EU Directive 36/2013 relating to the taking up and pursuit of the business of credit institutions. However many of these institution do not provide services in Ireland.
I am informed by the Central Bank of Ireland that it does not have information to hand on the date that each license was issued and the particular focus of each institution and is therefore not in a position to provide this within the time frame allotted.
The Central Bank’s Register of Credit Institutions is available via the Central Bank website here: registers.centralbank.ie/downloadspage.aspx
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Credit Institution licensed pursuant to Section 9 of the Central Bank Act 1971 |
Licensed Bank, start date: |
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Allied Irish Banks, Public Limited Company |
23/12/1971 |
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Bank of America Europe Designated Activity Company |
14/06/1995 |
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Bank of Montreal Europe plc |
29/11/1996 |
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Barclays Bank Ireland plc |
25/02/2005 |
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Citibank Europe plc |
01/05/2001 |
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Dell Bank International Designated Activity Company |
24/06/2013 |
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EBS Designated Activity Company |
01/07/2011 |
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Elavon Financial Services Designated Activity Company |
08/12/2006 |
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Hewlett-Packard International Bank Designated Activity Company |
03/09/1998 |
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Intesa Sanpaolo Bank Ireland plc |
02/10/1998 |
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KBC Bank Ireland plc |
17/05/1973 |
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Macquarie Bank Europe Designated Activity Company |
31/10/2019 |
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Permanent tsb plc. |
21/09/1994 |
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Scotiabank (Ireland) Designated Activity Company |
06/12/1990 |
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The Governor and Company of the Bank of Ireland |
23/12/1971 |
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Ulster Bank Ireland Designated Activity Company |
19/09/1973 |
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Wells Fargo Bank International Unlimited Company |
02/04/2007 |