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5 Pounds Provincial Bank of Ireland
| Issuer | Provincial Bank of Ireland Limited |
|---|---|
| Year | 1954-1965 |
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| Currency | Pound sterling (1929-date) |
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|---|---|
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| Protection type | Watermark |
| Protection description | Watermark incorporated into the paper substrate |
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| Comments |
The Provincial Bank of Ireland was founded in 1825 by a London-based consortium specifically to serve areas outside Dublin — the so-called "provincial" districts where the Bank of Ireland's monopoly did not fully reach. By the 1950s the bank still maintained that regional identity, though it was operating as a fully modern commercial institution and would eventually merge into Allied Irish Banks in 1966, making this issue one of the last produced under the Provincial name.
Waterlow & Sons printed Irish commercial banknotes for several issuers across this period. The eleven-year issue window for P#242 is wide enough that individual examples can be dated only by examining the handwritten or stamped date at signature.