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Dublin: 24°C Sunday 14 August 2022

#AIB

# aib - Wednesday 10 August, 2022

AIB apologises to customers over binned cashless branch strategy
# Sorry
# Sorry

AIB apologises to customers over binned cashless branch strategy

Wed 6:02 PM 29,107 Views 25 Comments

The bank contacted account holders across Ireland today to confirm that cash services won’t be withdrawn from 70 branches.

# aib - Saturday 30 July, 2022

Cash is crucial to victims of domestic abuse or coercive control, says Women's Aid
# Financial Abuse
# Financial Abuse

Cash is crucial to victims of domestic abuse or coercive control, says Women's Aid

Jul 30th 2022, 6:30 AM 11,694 Views 0 Comments

AIB this week said its plan to go cashless in 70 branches was a ‘mistake’.

# aib - Friday 29 July, 2022

'We got it wrong, we made a mistake': AIB not planning to return to cashless branch strategy
# U-turn
# U-turn

'We got it wrong, we made a mistake': AIB not planning to return to cashless branch strategy

Jul 29th 2022, 8:42 AM 18,816 Views 35 Comments

The bank was pushed to reverse its decision after widespread criticism from the public and politicians.

# aib - Saturday 23 July, 2022

TD calls for Oireachtas Committee to meet to 'establish who knew what and when' about AIB plans
# Cashless Backtrack
# Cashless Backtrack

TD calls for Oireachtas Committee to meet to 'establish who knew what and when' about AIB plans

Jul 23rd 2022, 11:17 AM 17,168 Views 61 Comments

It follows a report in the Irish Independent this morning that the Department of Finance knew about AIB’s plans in advance.

# aib - Friday 22 July, 2022

Politicians declare victory for ‘people power’ after AIB u-turn on withdrawing cash services
# Banking Backtrack
# Banking Backtrack

Politicians declare victory for ‘people power’ after AIB u-turn on withdrawing cash services

Jul 22nd 2022, 2:43 PM 20,331 Views 38 Comments

After days of outcry, the bank said it wouldn’t be withdrawing cash services from 70 branches.

AIB says it 'will not proceed' with plans to make 70 branches cashless in wake of massive backlash
# AIB
# AIB

AIB says it 'will not proceed' with plans to make 70 branches cashless in wake of massive backlash

Jul 22nd 2022, 12:42 PM 61,313 Views 86 Comments
  • The bank said it would not be proceeding with the move due to "customer and public unease".
  • The decision has been welcomed by Minister for Finance Paschal Donohoe and the Irish League of Credit Unions.
  • The statement came as three Rural Independent Group TDs demanded to speak with the bank's CEO at AIB HQ this morning.

# aib - Thursday 21 July, 2022

AIB to appear before Finance Committee over decision to go cashless at 70 branches
# Finance Committee
# Finance Committee

AIB to appear before Finance Committee over decision to go cashless at 70 branches

Jul 21st 2022, 8:18 PM 17,215 Views 46 Comments

Fianna Fáil’s John McGuinness said that the provisional date for their appearance was 3 August.

AIB should 'reconsider' decision to make 70 branches cashless, says Taoiseach
# Cashless Banks
# Cashless Banks

AIB should 'reconsider' decision to make 70 branches cashless, says Taoiseach

Updated Jul 21st 2022, 4:11 PM 30,824 Views 89 Comments

The branches will no longer offer cash or cheque services and if they have an ATM outside, it will be removed.

# aib - Wednesday 20 July, 2022

Leitrim club call for GAA to drop AIB as sponsors unless 'attack on small town Ireland' is reversed
# Bank Changes
From The42
# Bank Changes

Leitrim club call for GAA to drop AIB as sponsors unless 'attack on small town Ireland' is reversed

Jul 20th 2022, 5:00 PM 40,600 Views 34 Comments

The bank yesterday announced plans to go entirely cashless at 70 of its branches around the country later this year.

# aib - Tuesday 19 July, 2022

AIB set to remove cash and cheque services from 70 branches starting in September
# Cashless
# Cashless

AIB set to remove cash and cheque services from 70 branches starting in September

Jul 19th 2022, 3:17 PM 40,802 Views 58 Comments

36 branches will change on 30 September while the remaining 34 will change on 21 October.

# aib - Thursday 23 June, 2022

AIB and EBS hit with fines totalling almost €100 million over tracker mortgage scandal
# Central Bank
# Central Bank

AIB and EBS hit with fines totalling almost €100 million over tracker mortgage scandal

Jun 23rd 2022, 11:06 AM 30,361 Views 42 Comments

AIB received a record fine of €83.3 million while EBS received a fine of €13.4 million.

# aib - Wednesday 1 June, 2022

Ulster Bank to sell €6 billion mortgage portfolio to AIB
# Ulster Bank
# Ulster Bank

Ulster Bank to sell €6 billion mortgage portfolio to AIB

Jun 1st 2022, 8:45 PM 20,737 Views 6 Comments

Ulster Bank and KBC are both in the process of exiting the Irish market.

# aib - Tuesday 10 May, 2022

Competition authority launches full probe into Permanent TSB's €7.6 billion Ulster Bank deal
# The Banks
# The Banks

Competition authority launches full probe into Permanent TSB's €7.6 billion Ulster Bank deal

May 10th 2022, 2:20 PM 15,336 Views 6 Comments

The investigation will determine whether the proposed acquisition could lead to a substantial lessening of competition in the State.

# aib - Friday 29 April, 2022

Flurry of announcements caps off noteworthy week for Irish banks and their customers
# The Banks
# The Banks

Flurry of announcements caps off noteworthy week for Irish banks and their customers

Apr 29th 2022, 12:26 PM 16,350 Views 0 Comments

Stakeholders say the industry is staring down the barrel of one of the biggest logistical challenges in its history.

# aib - Thursday 28 April, 2022

AIB cleared to acquire €4.2 billion Ulster Bank loan porfolio
# Green Light
# Green Light

AIB cleared to acquire €4.2 billion Ulster Bank loan porfolio

Apr 28th 2022, 9:47 PM 18,410 Views 27 Comments

Ulster Bank is set to withdraw all of its banking services from Ireland.

# aib - Monday 4 April, 2022

Banks 'ill-prepared for the biggest logistical challenge in Irish banking since the euro'
# The Banks
# The Banks

Banks 'ill-prepared for the biggest logistical challenge in Irish banking since the euro'

Apr 4th 2022, 12:05 AM 73,304 Views 32 Comments
  • Concerns have been raised that the exits of Ulster Bank and KBC Bank could be "the perfect storm" for the remaining banks.
  • Over one million customers will have to choose a new provider and switch over their current accounts.
  • But the Financial Services Union believes significant customer service issues are likely to arise, Ian Curran reports.

# aib - Thursday 3 March, 2022

AIB returns to profit as discussions underway to buy back some State shares
# Banking
# Banking

AIB returns to profit as discussions underway to buy back some State shares

Mar 3rd 2022, 12:41 PM 10,066 Views 11 Comments

The bank will pay out €213 million to shareholders, including the State.

# aib - Friday 31 December, 2021

Competition watchdog to fully investigate AIB and Ulster Bank loan book deal
# Business
# Business

Competition watchdog to fully investigate AIB and Ulster Bank loan book deal

Dec 31st 2021, 4:43 PM 17,824 Views 12 Comments

The CPCC has decided to investigate whether the deal could substantially lessen competition in Ireland

# aib - Tuesday 21 December, 2021

State to sell 15% chunk of its AIB stake over the next six months, Donohoe announces
# The Banks
# The Banks

State to sell 15% chunk of its AIB stake over the next six months, Donohoe announces

Dec 21st 2021, 8:48 AM 19,914 Views 33 Comments

The plan is similar to the one used by the Government to sell part of its remaining bailout-era stake in Bank of Ireland.

# aib - Tuesday 16 November, 2021

Sean FitzPatrick remembered by family as a ‘giant of a man’
# Funeral
# Funeral

Sean FitzPatrick remembered by family as a ‘giant of a man’

Nov 16th 2021, 3:26 PM 41,484 Views 0 Comments

The former chief executive and chairman of Anglo Irish Bank died at the age of 73 last Monday after a short illness.

# aib - Tuesday 9 November, 2021

Anglo's collapse has had an outsized impact on Irish life and so will Seán FitzPatrick's legacy
# Sean FitzPatrick
# Sean FitzPatrick

Anglo's collapse has had an outsized impact on Irish life and so will Seán FitzPatrick's legacy

Nov 9th 2021, 6:48 PM 25,508 Views 2 Comments

The former chairman of the collapsed bank never felt he had anything to apologise for.

# aib - Monday 27 September, 2021

College student accused of having €22k in money stolen during smishing attacks on AIB customers
# Courts
# Courts

College student accused of having €22k in money stolen during smishing attacks on AIB customers

Sep 27th 2021, 4:57 PM 48,885 Views 0 Comments

Akeen Olojuwon Ahmed appeared at Dublin District Court today.

# aib - Tuesday 20 July, 2021

Ireland's bank network 'is being destroyed' says FSU after AIB announces 15 branch closures
# The Banks
# The Banks

Ireland's bank network 'is being destroyed' says FSU after AIB announces 15 branch closures

Jul 20th 2021, 10:46 AM 37,921 Views 55 Comments

AIB cited the “unrelenting shift” to digital banking as one of the reasons for the branch cull.

# aib - Monday 28 June, 2021

AIB to take on €4.2 billion worth of Ulster Bank's corporate and commercial loan book
# Banking
# Banking

AIB to take on €4.2 billion worth of Ulster Bank's corporate and commercial loan book

Jun 28th 2021, 10:10 AM 13,056 Views 17 Comments

The move will see 280 Ulster Bank employees move over to AIB as part of the deal.

# aib - Monday 17 May, 2021

'Lingering resentment': Public trust in Irish banks remains low after 2008
# The Banks
# The Banks

'Lingering resentment': Public trust in Irish banks remains low after 2008

May 17th 2021, 2:19 PM 12,531 Views 17 Comments

But trust levels have improved substantially among younger customers since the crash.

# aib - Tuesday 30 March, 2021

Ulster Bank topped the Financial Ombudsman's complaints table in 2020 for the second year in a row
# The Banks
# The Banks

Ulster Bank topped the Financial Ombudsman's complaints table in 2020 for the second year in a row

Mar 30th 2021, 11:40 AM 6,402 Views 5 Comments

The watchdog also received 492 new complaints about tracker mortgages in 2020.

# aib - Tuesday 2 March, 2021

'A landmark deal': AIB agrees to buy stockbrokers Goodbody for €138 million
# The Banks
# The Banks

'A landmark deal': AIB agrees to buy stockbrokers Goodbody for €138 million

Mar 2nd 2021, 3:35 PM 30,711 Views 24 Comments

The bank says the move will diversify its revenue streams and address gaps in its customer offerings.

# aib - Monday 22 February, 2021

Four in five people were targeted by banking fraud last year in Ireland
# Fraudsters
# Fraudsters

Four in five people were targeted by banking fraud last year in Ireland

Feb 22nd 2021, 6:30 AM 12,899 Views 9 Comments

In the last year, fraud losses on credit and debit cards amounted to 22 million.

# aib - Friday 19 February, 2021

Ulster says go: Bank's decision to exit was in the wind — but why is it happening now?
# Ulster Bank
# Ulster Bank

Ulster says go: Bank's decision to exit was in the wind — but why is it happening now?

Feb 19th 2021, 8:50 AM 34,201 Views 31 Comments

Ulster Bank’s long goodbye creates major headaches for policymakers.

# aib - Sunday 24 January, 2021

Irish banks want to take on Revolut together — but why has the competition watchdog 'rejected' them?
# The Banks
# The Banks

Irish banks want to take on Revolut together — but why has the competition watchdog 'rejected' them?

Jan 24th 2021, 6:30 AM 78,488 Views 37 Comments

Why has it taken so long for Irish banks to address competition from fresh-faced fintech companies?

# aib - Saturday 23 January, 2021

AIB customers hit by increase in 'smishing' fraud attacks
# Fraud
# Fraud

AIB customers hit by increase in 'smishing' fraud attacks

Jan 23rd 2021, 12:21 PM 28,305 Views 27 Comments

Gardaí are warning bank users not to click fraudulent links in texts or give away personal details.

# aib - Wednesday 2 December, 2020

AIB to cut 1,500 jobs and merge branches in bid to save costs
# AIB
# AIB

AIB to cut 1,500 jobs and merge branches in bid to save costs

Dec 2nd 2020, 11:15 AM 37,918 Views 39 Comments

The bank said it aims to achieve over 10% reduction in costs by 2023.

# aib - Tuesday 1 September, 2020

Pace of recovery in Irish manufacturing slips as spike in Covid-19 cases 'rattles' business sentiment in August
# Nervous Times
# Nervous Times

Pace of recovery in Irish manufacturing slips as spike in Covid-19 cases 'rattles' business sentiment in August

Sep 1st 2020, 6:45 AM 10,437 Views 2 Comments

Recent lockdowns in Kildare and the midlands weighed heavily on the data.

# aib - Wednesday 19 August, 2020

Card spend increase last month in pubs, restaurants and hotels compared to 2019, AIB says
# Money
# Money

Card spend increase last month in pubs, restaurants and hotels compared to 2019, AIB says

Aug 19th 2020, 12:51 PM 17,968 Views 12 Comments

The average card transaction in pubs has increased by 50% since last year.

# aib - Sunday 9 August, 2020

'There are people working in their bedrooms keeping the banking system going and this is their reward'
# The Banks
# The Banks

'There are people working in their bedrooms keeping the banking system going and this is their reward'

Aug 9th 2020, 12:05 AM 109,541 Views 33 Comments

Bank of Ireland redundancies ‘surprised’ the general secretary of the Financial Services Union.

# aib - Thursday 6 August, 2020

Bank of Ireland to conduct review after customers lose thousands of euro in text scam
# Smishing
# Smishing

Bank of Ireland to conduct review after customers lose thousands of euro in text scam

Aug 6th 2020, 4:30 PM 67,221 Views 85 Comments

Fraudsters have targeted people via texts that appear to be from the bank.

# aib - Thursday 9 July, 2020

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'
# The Banks
# The Banks

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'

Jul 9th 2020, 2:26 PM 20,828 Views 46 Comments

Developments in recent days have undermined the banks’ positions.

# aib - Wednesday 1 July, 2020

AIB reverses 'de-facto ban' on mortgage approval for wage subsidy recipients
# Awaiting Approval
# Awaiting Approval

AIB reverses 'de-facto ban' on mortgage approval for wage subsidy recipients

Jul 1st 2020, 6:04 PM 37,197 Views 13 Comments

The bank said that it may still refuse to allow a mortgage to be drawn down if it finds a customer is unable to meet repayments.

# aib - Tuesday 30 June, 2020

Call for banks to reverse 'de-facto ban' on mortgage approval for wage subsidy recipients
# Covid19
# Covid19

Call for banks to reverse 'de-facto ban' on mortgage approval for wage subsidy recipients

Jun 30th 2020, 10:30 AM 14,872 Views 30 Comments

Applicants who received approval before the Covid-19 crisis have had approval pulled.

# aib - Friday 1 May, 2020

'Worst on record' job losses as over 40% of manufacturing firms cut staff
# Fear Factory
# Fear Factory

'Worst on record' job losses as over 40% of manufacturing firms cut staff

May 1st 2020, 6:30 AM 17,471 Views 13 Comments

Some 41% of firms surveyed say they let workers go in April.

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