Along with its chief rival, Allied Irish Banks, Bank of
Ireland dominates banking in Ireland. Through its 250 branches
there, it offers an array of financial services, including retail
and corporate banking, mortgages, and insurance products. In the
United Kingdom, BOI offers mortgages and business banking and
operates a consumer finance joint venture with the post office. BOI has suffered huge write-downs on Irish loans and required significant state support. The Irish government owned 15% of the bank at the end of 2011.