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Encyclopedia > ACCBank


ACCBank, Ltd.
Type Private
Slogan Its All About
Founded Dublin (1927)
Location Dublin, Ireland
Key people  ?
Employees 1,100 (1998)
Products Multiple banking products
Web site www.accbank.ie


ACCBank plc is a commercial bank in Ireland that focuses on agriculture, business and personal banking. The bank has its origins in the Agricultural Credit Corporation set up in 1927 in the Irish Free State to finance agriculture, the bank was successful and lead to the creation of the Industrial Credit Company which was modelled on it and provided finance to industry. In the early 1990s, the company name was changed from "Agricultural Credit Corporation plc" to "ACCBank plc" in order to signify that the company was now targeting more than simply agricultural customers. However in more recent times, many of ACCBank's branches have been closed down, and the company has largely withdrawn from the personal finance market. In early 2002, the bank was sold by the Irish Government to Rabobank.


See Also

External link

  • Official site (http://www.accbank.ie)



  Results from FactBites:
 
ACCBank - Wikipedia, the free encyclopedia (165 words)
ACCBank plc is a commercial bank in Ireland that focuses on agriculture, business and personal banking.
The bank has its origins in the Agricultural Credit Corporation set up in 1927 in the Irish Free State to finance agriculture, the bank was successful and lead to the creation of the Industrial Credit Company which was modelled on it and provided finance to industry.
In early 2002, the bank was sold by the Irish Government to Rabobank.
Farmers Journal - Agri-Business (913 words)
ACCBank has about a three per cent market share in a competitive market, where 60 per cent of the market is held by three big players.
ACCBank saw a slight increase to 68.6 per cent in its cost-income ratio due to EMU and the year 2000 computer issue.
ACCBank reduced its bad debt provisions in 1997 to just £1.3m, as the level of non-performing loans is low in the current economic boom.
  More results at FactBites »


 

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