Saturday 22 July 2017

Take a look inside Central Bank’s new docklands campus

Interior picture of the central bank, at the official inauguration of the Central Bank of Ireland’s new Dockland Campus at its offices at North Wall Quay (Picture: Damien Eagers)
Interior picture of the central bank, at the official inauguration of the Central Bank of Ireland’s new Dockland Campus at its offices at North Wall Quay (Picture: Damien Eagers)
Interior picture of the Library of the central bank, at the official inauguration of the Central Bank of Ireland’s new Dockland Campus at its offices at North Wall Quay (Picture credit: Damien Eagers)
Michael Noonan, TD, Minister for finance and Philip Lane, Governor of the central bank, at the official inauguration of the Central Bank of Ireland’s new Dockland Campus at its offices at North Wall Quay (Picture: Damien Eagers)

Sean Duffy

The new headquarters of the Central Bank have been officially opened in Dublin’s docklands.

The new premises are located at North Wall Quay and will house the regulator following the relocation from Dame Street which has been underway for the past number of months.

The Dame Street site was sold for a fee of €67m to real estate group Hines and Peterson in January of this year.

The Minister for Finance, Michael Noonan, attended the inauguration of the building along with Central Bank Governor Philip Lane. The docklands site house was once earmarked as a future premises of Anglo Irish Bank before the lender’s collapse back in 2010.

Governor Philip Lane said the new premises represented an important 'juxtaposition' between the role of the Bank in Ireland today against the type of light touch regulation which existed in the past.

“The fact that this site was originally intended to host the new headquarters for Anglo Irish Bank has- of course-invited much commentary of different layers of seriousness,” Mr Lane said.

“My own view is that the juxtaposition is quite a fitting reminder to us here in the Bank- to myself, my fellow committee members and the staff of the Bank, as much as to the public- as to the importance of our mission and the critical need to remain ever vigilant and as an ongoing reminder of the severe economic and social damage caused by the financial crisis,” he added.

Mr Lane also praised the work of his predecessor Patrick Honohan who he credited with having the vision to initiate the move to the docklands.

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