 | Parts of this article (those related to information from gov.ie) need to be updated. (October 2023) |
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| Predecessor | Anglo Irish Bank |
|---|---|
| Founded | 1 July 2011 |
| Defunct | 7 February 2013 |
| Fate | Placed into liquidation overnight by emergency legislation |
| Headquarters | Ireland |
Key people | Alan Dukes (Chairman), Mike Aynsley (Group CEO) |
| Owner | State of Ireland |
Number of employees |
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| Website | www |
The Irish Bank Resolution Corporation (IBRC) was the name given to the entity formed in 2011 by the court-mandated merger of the state-owned banking institutions Anglo Irish Bank and Irish Nationwide Building Society.[1][2]
Following a High Court order on the application of the Minister for Finance, Michael Noonan,[3] the Irish government drove through overnight legislation to liquidate the IBRC in February 2013, with the emergency action required given a leaking of plans in the press.[4]
- ^ "Irish Nationwide BS Assets, Liabilities Transferred To Anglo Irish Bank". The Wall Street Journal. 1 July 2011. Archived from the original on 5 July 2011. Retrieved 27 September 2021.
- ^ "Meet Anglo 2.0... Irish Bank Resolution Corporation". The Journal. 1 July 2011. Archived from the original on 13 September 2012. Retrieved 1 July 2011.. The names Anglo Irish Bank and Irish Nationwide Building Society (INBS) are no more after the assets and liabilities of the latter were transferred to the former with immediate effect today.
- ^ "Transfer Order in relation to Irish Nationwide Building Society and Anglo Irish Bank". Irish Department of Finance press release. 1 July 2011. Archived from the original on 3 July 2011. Retrieved 1 July 2011.
- ^ "IRISH BANK RESOLUTION CORPORATION BILL 2013" (PDF). Archived (PDF) from the original on 1 November 2013. Retrieved 8 February 2013.