Bank of Ireland UK Credit Rating
Bank of Ireland UK does not currently have a public long-term credit rating from the major agencies, so no rating is shown here. That is common among smaller and newer UK banks and is not in itself a sign of financial weakness — ratings are typically sought by institutions that raise debt in wholesale markets. Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per eligible person, per banking licence (the limit rose from £85,000 on 1 December 2025). Where several brands share a single banking licence, that £120,000 limit is shared across those brands rather than applying to each one separately.
Brands that trade under this licence and share its rating and FSCS limit: Post Office Money
Rating History
Service record: complaints, incidents and customer survey
Complaints: in the FCA's 2025 H2 file (July 2025 to December 2025), Bank of Ireland UK (reporting jointly for its group) received 1,734 banking and credit-card complaints, 1.85 per 1,000 accounts. The bank upheld 44% of those it closed and closed 51% within three days. The previous period was 2.30 per 1,000, so complaints fell. Compare all banks.
Outages and incidents: Bank of Ireland UK reported
0 major operational or security incidents to the FCA in the quarter to 30 June 2026 and 0 in the 12 months to 30 June 2026 (mobile app 0, online banking 0, telephone 0)
Customer survey (CMA / Ipsos, August 2026): share of Bank of Ireland UK's own customers who would recommend it.
| Measure | Market | Would recommend | Rank |
|---|---|---|---|
| Branch services | Northern Ireland | 58% | 8 of 9 |
| Online and mobile banking | Northern Ireland | 57% | 11 of 12 |
| Overall service quality | Northern Ireland | 45% | 11 of 12 |
| Branch and business centre services (business) | Northern Ireland | 53% | 3 of 5 |
| Online and mobile banking (business) | Northern Ireland | 49% | 5 of 5 |
| Overall service quality (business) | Northern Ireland | 42% | 5 of 5 |
| Relationship and account management (business) | Northern Ireland | 51% | 5 of 5 |
| SME overdraft and loan services (business) | Northern Ireland | 49% | 5 of 5 |
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Frequently asked questions about Bank of Ireland UK
Is Bank of Ireland UK safe?
Bank of Ireland UK has no public long-term credit rating from the major agencies, so there is no rating to assess here. A missing rating is not evidence of weakness — many smaller and newer UK banks simply do not seek one. Separately, Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per eligible person, per banking licence (the limit rose from £85,000 on 1 December 2025). Where several brands share a single banking licence, that £120,000 limit is shared across those brands rather than applying to each one separately. This page is information about published credit ratings, not financial advice.
What is Bank of Ireland UK's credit rating?
Bank of Ireland UK does not have a publicly available long-term issuer credit rating from S&P, Moody's or Fitch.
Is Bank of Ireland UK covered by the FSCS?
Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per eligible person, per banking licence (the limit rose from £85,000 on 1 December 2025). Where several brands share a single banking licence, that £120,000 limit is shared across those brands rather than applying to each one separately. Bank of Ireland UK is recorded with FCA reference 512956. Because protection follows the banking licence rather than the brand, check the current position and which brands share a licence on the FSCS website before relying on it.
Who owns Bank of Ireland UK?
Bank of Ireland UK is owned by Bank of Ireland Group (public). Ownership matters for credit ratings because agencies often factor in the likelihood of support from a parent group, and because brands under the same banking licence share a single FSCS limit.