Profile: Bank of Ireland (IRE)

Bank of Ireland and its undertakings is engaged in providing a range of banking and other financial services. The Bank operates in five business segments: Retail Republic of Ireland, Bank of Ireland Life, Capital Markets, UK Financial Services and Group Centre. The subsidiaries of the Bank include Bank of Ireland International Finance Limited, Bank of Ireland (IOM) Limited, Bank of Ireland Life Holdings plc, Bank of Ireland Mortgage Bank (BoIMB), First Rate Enterprises (UK) Limited, ICS Building Society and Midasrange Limited.

Retail Republic of Ireland incorporates the branch network, mortgage, consumer banking, business banking and private banking activities in the Republic of Ireland. The capital markets division includes corporate banking, global markets, asset management services and IBI corporate finance. UK Financial Services (UKFS) Division incorporates Business Banking in Great Britain and Northern Ireland, a branch network in Northern Ireland, a United Kingdom residential mortgage business and joint ventures with the United Kingdom Post Office. Group Centre includes capital management activities, unallocated support costs and the cost of the Government guarantee.

BoIMB's principal activities are the issuance of Irish residential mortgages and mortgage covered securities. Bank of Ireland International Finance Limited is engaged in providing international asset financing. Bank of Ireland (IOM) Limited is engaged in providing retail banking. Bank of Ireland Life Holdings plc is engaged in providing life assurance and pensions. First Rate Enterprises (UK) Limited is engaged in providing foreign exchange. ICS Building Society is engaged in building society. Midasrange Limited is engaged in providing retail financial services.