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Currency Commission Consolidated Banknotes
The Northern Bank Ltd. 1929-1940

Four Types, by signature

Type 1E. S. W. Knox 1929. £1, £5, £10, £20
Type 2E. H. H. Stewart 1931-1933. £1, £5
Type 3E. W. F. Scott 1939. £5 notes only. Never issued.
Type 4E. A. P. Tibbey 1939-1940. £1 notes only. Never issued.

The Northern Bank Ltd


Established as The Northern Banking Company on 1 August 1824, the Northern Bank opened on 1 January 1825 in Belfast and commenced the issue of banknotes.

On 1 January 1929 the bank changed its name to The Northern Bank Ltd. It issued Consolidated Banknotes in 1929, as well as its own Northern Ireland issue. Ploughman Northern Bank notes are the rarest for all the denominations of the Ploughman notes. The Northern was one of the smaller banks, and was concentrated in the north of Ireland. Thus, relatively few of its branches found themselves in the Irish Free State after partition. The bank received the smallest allocation (£243,000) of Ploughman notes. All the Knox signature notes are rare. Stewart signature notes are also very scarce.

The Northern Bank was taken over by The Midland Bank Group in 1965 and had the Belfast bank merged into it in 1970. In 1987 Midland sold the Northern Bank to National Australia Bank. After this takeover, the identity of the former Northern Bank in the Republic of Ireland was changed in name to National Irish Bank, with the Northern Bank identity remaining only in Northern Ireland.

In December 2004 Danske Bank took over Northern Bank and National Irish Bank. In 2014 the Northern Bank name was replaced by that of Danske Bank on its Northern Ireland note issue.

Ploughman Notes: Banks. Page 6 of 8

1 Bank of Ireland

2 Hibernian Bank

3 Munster and Leinster Bank

4 National Bank

5 Northern Bank

6 Provincial Bank

7 Royal Bank

8 Ulster Bank • Version 2.1.1 • Last update • COPYRIGHT ©2000, 2009, 2015 M Mac Devitt. Reproduction with citation permitted.