Bank of Ireland replaces Ulster Bank as Irish member of global bank network

BOI says IBOS membership will allow it to bring more foreign direct investment into Ireland

13th April, 2021
Bank of Ireland replaces Ulster Bank as Irish member of global bank network
For Bank of Ireland, IBOS membership could offer links to start-ups and businesses which are looking to Ireland as a location to do business. Picture: Rollingnews.ie

Bank of Ireland has replaced Ulster Bank as the country’s only member of IBOS, an international banking association which provides multinational companies with networks to aid overseas expansion.

The move comes after Ulster Bank, previously Ireland’s IBOS member, announced its intention to gradually exit the Irish market over the coming years.

For Bank of Ireland, IBOS membership could offer links to start-ups and businesses which are looking to Ireland as a...

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