First Trust Bank
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- For other banks with a similar name, see First Bank.
First Trust | |
Type | Subsidiary of AIB |
---|---|
Founded | Belfast, Northern Ireland (1991) |
Headquarters | Belfast, Northern Ireland |
Key people | Terry McDaid, Managing Director |
Products | Various banking products |
Website | www.firsttrustbank.co.uk/ |
First Trust Bank, part of the AIB Group, is a commercial bank in Northern Ireland. The bank was created in 1991 when TSB Northern Ireland merged with the AIB Group's other interests. The bank can trace its existence back to 1816 with the founding of the Belfast Savings Bank. The bank is one of the four banks that issues Pound Sterling banknotes in Northern Ireland.
The AIB Bank GB & NI division, with total assets of €15.1 billion, operates in two distinct markets, Northern Ireland and Great Britain (where it operates as Allied Irish Bank (GB)), with different economies and operating environments. AIB Group (UK) p.l.c., registered in the UK and regulated by the Financial Services Authority, operates as the legal entity for the division.
In the Northern Ireland market, the division operates under the trading name First Trust Bank from 57 full service branches throughout the province. The First Trust Bank Head Office is located in Belfast, together with the Branch Services Centre. A full service is offered to business and personal customers, across the range of customer segments, including personal customers, small and medium sized enterprises, and the corporate sector. Specialist services, including mortgages, credit cards, invoice discounting and asset finance are based in Belfast and delivered throughout the division. First Trust Independent Financial Services provides sales and advice on regulated products and services, including protection, investment and pension requirements to the whole of the division.