Irish Bank Resolution Corporation

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.

Irish Bank Resolution Corporation
PredecessorAnglo Irish Bank
Founded1 July 2011 (2011-07-01)
Defunct7 February 2013 (2013-02-07)
FatePlaced into liquidation overnight by emergency legislation
Headquarters
Ireland
Key people
Alan Dukes (Chairman), Mike Aynsley (Group CEO)
OwnerState of Ireland
Number of employees
  • 0 (7 February 2013)
  • 850 (6 February 2013)
Websitewww.ibrc.ie

Following a High Court order on the application of the Minister for Finance, Michael Noonan, 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.

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