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The last major Irish bank failure before 20081

Published online by Cambridge University Press:  18 January 2012

Cormac Ó Gráda
Cormac Ó Gráda
Affiliation:
University College Dublincormac.ograda@ucd.ie
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Abstract

Until 2008, Ireland's banks had a solid reputation. Its two long-established banks could trace their origins back to the beginnings of joint-stock banking in 1825. Few banks of consequence had failed in the interim. The last such failure, the focus of this article, was that of the Munster Bank in 1885. That event tells us much about the history of Irish banking before recent events.

Keywords

lender of last resortbankingIrelandeconomic history

JEL classification

G21: Banks • Depository Institutions • Micro Finance Institutions • Mortgages N20: General, International, or Comparative N: Economic History
Type
Articles
Information
Financial History Review , Volume 19 , Issue 2 , August 2012 , pp. 199 - 217
Copyright
Copyright © European Association for Banking and Financial History e.V. 2012

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