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The island of Ireland, with border between Republic of Ireland and Northern Ireland indicated.. Symbols of Ireland are marks, images, or objects that represent Ireland. Because Ireland was not partitioned until 1922, many of the symbols of Ireland predate the division into Southern Ireland (later Irish Free State and then Ireland) and Northern Ireland.
A new series of Bank of Ireland notes, in denominations of £5, £10 and £20, were issued in April 2008. All of the denominations feature an illustration of the Old Bushmills Distillery on the reverse side. Prior to 2008, all Bank of Ireland notes featured an image of the Queen's University of Belfast on the reverse side. [2] [3] [4]
The weakness of the paper currency in Ireland lead to pressure for the creation of a ‘National Bank’ to provide a stable currency. Eventually, the Bank of Ireland was created to fill this need. The Bank of Ireland was the first joint stock bank to produce notes intended for use throughout Ireland; its first issue was in 1783. [2]
The Central Bank of Ireland, as an agency of the European Central Bank, produces euro banknotes at its Currency Centre in Sandyford Industrial Estate, Dublin. Central banks in the Eurozone provide banknotes of one denomination each year, according to demand and a rotating allocation (determined by the ECB).
In Northern Ireland, three retail banks exercise their right to issue pound sterling notes: Bank of Ireland, Danske Bank (formerly Northern Bank) and Ulster Bank. [121] As of 2020, Northern Bank and Ulster Bank are the only two banks that have issued special commemorative notes so far.
On 27 February 2019, Ulster Bank and Bank of Ireland released new polymer £5 and £10 notes, while Danske Bank released new polymer £10 notes. On 29 September 2023, paper £50 and £100 notes issued by the Bank of Ireland and by Ulster Bank, like those of the Scottish bank note issuers, will replaced with polymer banknotes.
In 1922, Bank of Ireland was appointed as banker to the Government of Ireland. [10] In 1926, Bank of Ireland took control of the National Land Bank. [6] [11] In 1948, The Bank of Ireland 1783–1946 by F.G. Hall was published jointly by Hodges Figgis (Dublin) and Blackwell's (Oxford). [12] In 1958, the bank took over the Hibernian Bank Limited. [6]
In 1804, the Bank of Ireland introduced silver tokens for 6 shillings which were overstrikes on Spanish dollars. These were followed by 5, 10 and 30 pence Irish tokens. The last halfpennies and pennies were minted in 1823. The 1822–23 issue marked the last appearance of the symbol of a crowned harp, which represented the Kingdom of Ireland.