- Anglo Irish Bank
company_name = Anglo Irish Bank Corporation plc
company_type = Public - ISE & LSE
company_slogan = N/A
foundation = flagicon|Ireland
Dublin, Ireland( 1964)
location = flagicon|Ireland
David Drumm, CEO
num_employees = 1500 (2006)
products = Various banking products
homepage = [http://www.angloirishbank.ie www.angloirishbank.ie]
Anglo Irish Bank Corporation plc (Irish: "Banc Angla-Éireannach"; ise|ANGL, lse|ANGL, FWB|CKL) is a
bankbased in Ireland, listed on both the Irish Stock Exchangeand the London Stock Exchange, and headquartered in Dublin. The company mainly deals in business and commercial banking, and has a limited retail presence in the major Irish cities. It also has wealth managementand treasury divisions. Anglo-Irish also has operations in Austria, Ireland, Switzerland, the United Kingdom, the United States, and the Isle of Man.
Chief Executive Seán FitzPatrick stepped down in 2005 to assume the role of chairman. The current CEO is David Drumm. The company made €1.2bn in the financial year Sep 2006-Sep 2007, and has a market capitalization of €4-5 bn.
2007, it was reported that Seán Quinnbought a 5% stake of Anglo Irish Bank for $750 million. In July 2008 Quinn converted investments in the bank to ordinary shares, increasing his family's stake to 15%.
Anglo-Irish is not to be mistaken for AIB which is also an Irish bank.
Anglo Irish Bank is one the banks to benefit from the Irish Government's emergency banking guarantee.
1964Anglo Irish Bank was established in Dublin.
1971Anglo Irish listed on the stock exchange.
1988Anglo Irish acquired Irish Bank of Commerce
1995Anglo Irish acquired Royal Trust Bank ( Austria), a bank with a 100 year history, from Royal Bank of Canadaand renamed it Anglo Irish Bank (Austria). Anglo Irish also acquired a loan portfolio from Allied Dunbar.
1996Anglo Irish acquired Ansbacher Bankers, which was established in Dublin in 1950.
1998Anglo Irish acquired Credit Lyonnais(Austria) and combined it with its existing Austrian operations.
1999Anglo Irish acquired Smurfit Paribas Bank, a joint-venture that Banque Paribashad helped establish in Dublin in 1983. Anglo Irish also bought a loan portfolio from Bayerische Hypo- und Vereinsbank.
2001Anglo Irish acquired Banque Marcuard Cook & Cie. in Geneva, Switzerland, and renamed it Anglo Irish Bank (Suisse).
List of Irish companies
* [http://www.angloirishbank.ie/ Official site]
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