Ionian Bank up its banking licence. The Greek operation, renamed "Ionian Popular Bank", was absorbed into Alpha Bank in 2000. A "decree of the Eminent Senate of the Commonwealth of Ionian Islands" established the Ionian State Bank in 1839, to finance trade between the Ionian Islands (a British protectorate), and Great Britain. This made the bank the oldest in Greece. The bank received a 20-year grant of the exclusive privilege of issuing and circulating banknotes for the Ionian Islands. The bank soon changed its name to Ionian Bank (IB), and initially only operated in the Ionian Islands, opening branches in Corfu, Aante
Flag of the United States of the Ionian Islands the Ionian Islands' national flag would be the flag of the Septinsular Republic, a Lion of Saint Mark holding a Bible on a blue background, with a Union Jack in the upper corner closest to the flagstaff to symbolise the British protectorate. During shipping in the Black Sea and the Eastern Mediterranean, the flag of the United States of the Ionian Islands would often be used as a flag of convenience by Greek ships to purport that they enjoyed the protection of the British Empire. The British ambassador to the Ottoman Empire, Percy Smythe, 6th Viscount Strangford, was annoyed by