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#Allied Irish Banks

# allied-irish-banks - Yesterday’s News

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# allied-irish-banks - Friday 6 November, 2015

From Business ETC AIB is going to start paying billions back to the Irish State Pony Up

AIB is going to start paying billions back to the Irish State

Michael Noonan said this lays the ground work for recovering the full value of the taxpayer’s €20.8 billion investment in the bank.

# allied-irish-banks - Thursday 1 May, 2014

European Bank Holiday leaves employees without wages despite early warnings

No interbank transaction can take place across the EU today.

# allied-irish-banks - Wednesday 9 April, 2014

AIB explains why its home repossessions tripled last year

The bank is currently engaged in 9,000 legal or potential legal cases with customers in mortgage arrears.

# allied-irish-banks - Wednesday 19 March, 2014

From Business ETC News of 100 mortgage write-downs shows crisis ‘akin to Russian roulette’ Arrears

News of 100 mortgage write-downs shows crisis ‘akin to Russian roulette’

“One bank’s sustainable solution could be another bank’s unsustainable mortgage leading to repossession proceedings,” Fianna Fáil’s Michael McGrath said today.

# allied-irish-banks - Saturday 15 February, 2014

Noonan confirms he said no to bonuses in face-to-face meeting with AIB bosses

The Finance Minister has confirmed he met with officials from the bank, but “personally reinforced” that there are currently no plans to re-introduce bonuses.

# allied-irish-banks - Tuesday 4 February, 2014

From Business ETC Some Bank of Ireland cards to be blocked from AIB machines ATM Only Cards

Some Bank of Ireland cards to be blocked from AIB machines

The cards are not “internationally branded”, AIB said, and will no longer function in ATMs this April.

# allied-irish-banks - Friday 17 January, 2014

Transgender woman awarded €5k after AIB did not recognise her new name

The Equality Tribunal ruled that she had been discriminated against by Allied Irish Bank.

# allied-irish-banks - Wednesday 20 November, 2013

From Business ETC Two Irish banks raise funds in transactions not seen for several years Markets

Two Irish banks raise funds in transactions not seen for several years

Both transactions, made by Allied Irish Bank and Permanent TSB, were met with strong demand.

# allied-irish-banks - Friday 21 June, 2013

Noonan: Taxpayers put lots of money into BOI and AIB, now we could get some back

Michael Noonan has explained the significance of last night’s agreement between eurozone finance ministers about the potential retrospective recapitalisation of Ireland’s banks.

# allied-irish-banks - Wednesday 5 June, 2013

From Business ETC Increase in AIB’s mortgage interest rates takes effect today Mortgages

Increase in AIB’s mortgage interest rates takes effect today

The 0.4 per cent increase in the standard variable rate, from 4.0 to 4.4pc, had been announced in late April.

# allied-irish-banks - Wednesday 24 April, 2013

From Business ETC Check out this ad that was shot entirely on an iPhone 5 Smartvideo This post contains videos

Check out this ad that was shot entirely on an iPhone 5

The 30-second ad was shot by Dublin based advertising agency Rothco.

From Business ETC AIB, EBS and Haven variable rate mortgages to increase from June Mortgage Rates

AIB, EBS and Haven variable rate mortgages to increase from June

The rate increases vary from 0.25 per cent to 0.4 per cent.

# allied-irish-banks - Wednesday 27 March, 2013

From Business ETC AIB recorded pre-tax loss of €3.8 billion in 2012 Annual Financial Report

AIB recorded pre-tax loss of €3.8 billion in 2012

AIB’s chief executive David Duffy – who the report shows was paid €546,000 last year – said that assisting mortgage customers in difficulty would be a “major priority for this year”.

# allied-irish-banks - Saturday 9 March, 2013

From Business ETC Doherty condemns AIB use of non-disclosure agreement for mortgage deals Mortgages

Doherty condemns AIB use of non-disclosure agreement for mortgage deals

Buy-to-let borrowers signing the agreement are requested not to disclose any details of negotiations with the bank, including the fact that they are happening.

# allied-irish-banks - Thursday 3 January, 2013

From Business ETC Ulster Bank the latest to announce branch closures Ulster Bank

Ulster Bank the latest to announce branch closures

The bank looks set to close 20 branches across the island of Ireland in the coming weeks.

# allied-irish-banks - Friday 28 December, 2012

In last bondholder payment of 2012, BoI pays out nearly €40 million

The only one of Ireland’s main banks not under State control makes the final payment to bondholders today bringing to over €20 billion the amount paid out by it and other banks this year.

# allied-irish-banks - Wednesday 12 December, 2012

From Business ETC EU approves six-month extension of Ireland’s bank guarantee Bank Guarantee

EU approves six-month extension of Ireland’s bank guarantee

The approval is seen as routine and may be the last extension, with the possibility of a withdrawal early next year.

# allied-irish-banks - Saturday 8 December, 2012

Shatter welcomes AIB comments on mortgage write-offs

The Justice Minister has said that the personal insolvency bill will be enacted through both Oireachtas houses by 20 December and will become operative next year.

# allied-irish-banks - Wednesday 7 November, 2012

Taoiseach welcomes cut to ex-AIB chief’s pension AIB

Taoiseach welcomes cut to ex-AIB chief’s pension

Kenny added that the taxation of pensions will be dealt with in the Budget for 2013.

# allied-irish-banks - Tuesday 6 November, 2012

AIB chief executive asks senior executives to give up pensions

Enda Kenny says the AIB chief has written to former executives, asking them to recall their ‘moral responsibility’.

# allied-irish-banks - Tuesday 9 October, 2012

Banks repay €3.3 billion in fees from State guarantee schemes

New figures show the seven banks covered by the State’s guarantees have returned €3.36 billion so far.

# allied-irish-banks - Monday 8 October, 2012

From Business ETC Central Bank names six banks which missold PPI to ineligible customers PPI

Central Bank names six banks which missold PPI to ineligible customers

A seventh institution asked not to be named by the regulator.

# allied-irish-banks - Thursday 4 October, 2012

Noonan: There is no way of verifying who AIB bondholders are

Finance Minister Michael Noonan has said that an attempt to verify exactly who the bondholders who received €1 billion this week are would be an “irretrievable” step towards default.

# allied-irish-banks - Monday 1 October, 2012

GALLERY: Protestors occupy AIB branches over €1 billion bond repayment AIB This post contains images

GALLERY: Protestors occupy AIB branches over €1 billion bond repayment

Sinn Féin protested at AIB’s O’Connell St branch – while the Occupy movement moved into Grafton St – to protest the move.

AIB repays €1 billion to unsecured bondholders today

More than €18 billion has been repaid to bondholders by state-owned Irish banks this year.

# allied-irish-banks - Tuesday 4 September, 2012

Infographic: How much have the Irish put into their banks?

As this image reveals, quite a bit.

# allied-irish-banks - Thursday 9 August, 2012

From Business ETC AIB apologises for misreporting of customer loan repayment data AIB

AIB apologises for misreporting of customer loan repayment data

Personal customer reports provided by the bank to the Irish Credit Bureau misrepresented information on missed loan repayments.

# allied-irish-banks - Friday 27 July, 2012

From Business ETC AIB confirms branch closures as operating loss cut by 64 per cent AIB

AIB confirms branch closures as operating loss cut by 64 per cent

Bank also announced a 0.5 per cent increase in its Standard Variable mortgage rate.

# allied-irish-banks - Thursday 5 July, 2012

From Business ETC Passing ECB cut on to customers a ‘commercial decision for each bank’ – Dept of Finance Mortgages

Passing ECB cut on to customers a ‘commercial decision for each bank’ – Dept of Finance

Tracker mortgage customers will see their rate adjusted as per the ECB change – but what about other mortgage holders?

# allied-irish-banks - Thursday 14 June, 2012

The 5 at 5: Thursday

5 minutes, 5 stories, 5 o’clock.

# allied-irish-banks - Friday 27 April, 2012

From Business ETC Around 11,500 AIB credit card customers to be refunded over €3.1m AIB

Around 11,500 AIB credit card customers to be refunded over €3.1m

Ireland’s biggest bank has apologised for overcharging customers who could now be entitled to refunds averaging €270 per customer.

# allied-irish-banks - Friday 30 March, 2012

From Business ETC AIB reports losses of €2.3 billion for last year AIB

AIB reports losses of €2.3 billion for last year

The bank’s annual financial report has been released this morning, revealing a growing number of bad mortgage debts.

# allied-irish-banks - Saturday 3 March, 2012

AIB still paying millions for staff gym and golf club fees Exclusive

The bank – which is 99.8 per cent owned by the taxpayer – still pays fees for thousands of staff, despite a State ban on bonuses.

# allied-irish-banks - Wednesday 22 February, 2012

AIB to donate 39 major artworks to the State Art

AIB to donate 39 major artworks to the State

The bank will also make almost one thousand pieces of art available to be used for public exhibition.

# allied-irish-banks - Thursday 8 December, 2011

Good news: AIB, BoI and IL&P banks pass latest round of stress tests

The results were widely expected and indicate that Michael Noonan’s restructuring of the banking system is working in this regard.

AIB will not pass on ECB’s 0.25pc cut to mortgage customers

AIB says its funding costs are not driven by the ECB’s own rates – and that it needs to ensure it makes money for the taxpayer.

# allied-irish-banks - Monday 21 November, 2011

AIB sells asset management wing to South African finance company AIB

AIB sells asset management wing to South African finance company

Prescient Holdings has acquired AIB Investment Managers for an undisclosed sum in a deal subject to regulatory approval.

# allied-irish-banks - Wednesday 9 November, 2011

# allied-irish-banks - Thursday 27 October, 2011

From Business ETC New initiative will make applying for credit ‘easier’ for businesses Credit

New initiative will make applying for credit ‘easier’ for businesses

The new Standardised SME Lending Application Form, adopted by AIB and Bank of Ireland, will help businesses to identify exactly what is required of them when applying for credit, says the Minister for Small Business

# allied-irish-banks - Sunday 25 September, 2011

From Business ETC AIB seeks to pay new CEO salary above €500,000 threshold AIB

AIB seeks to pay new CEO salary above €500,000 threshold

Minister for Finance Michael Noonan has confirmed that the bank wants to pay a new CEO above the salary cap introduced by the last government.

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