Bank of Scotland (Ireland) Limited was a bank based in Ireland and a wholly owned subsidiary of the Bank of Scotland, itself a subsidiary of Lloyds Banking Group. It offered commercial and corporate banking services under the Bank of Scotland brand and retail banking services under the Halifax brand. Since 10 February 2010 the bank has no longer accepted new business, and ceased to operate as a licensed bank on 31 December 2010. The assets of the bank were merged into Bank of Scotland plc.
The company was founded in 1965 as Equity Bank Limited. In 1999 it was purchased by the Bank of Scotland. Later, the parent company established its own brand in the Irish market through the direct sales of mortgages from Edinburgh. Following this, it was decided to rebrand the existing Irish operation as Bank of Scotland (Ireland) in 2000.
Halifax is considered a global city and is a major economic centre in eastern Canada with a large concentration of government services and private sector companies. Major employers and economic generators include the Department of National Defence, Dalhousie University, the Halifax Shipyard, various levels of government, and the Port of Halifax. Agriculture, fishing, mining, forestry and natural gas extraction are major resource industries found in the rural areas of the municipality. Halifax was ranked by MoneySense magazine as the fourth best place to live in Canada for 2012, placed first on a list of "large cities by quality of life" and placed second in a list of "large cities of the future", both conducted by fDi Magazine for North and South American cities. Additionally, Halifax has consistently placed in the top 10 for business friendliness of North and South American cities, as conducted by fDi Magazine.