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Wednesday 4 October 2023 Dublin: 14°C

# Allied Irish Banks

All time
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.
European Bank Holiday leaves employees without wages despite early warnings
No interbank transaction can take place across the EU today.
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.
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.
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.
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.
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.
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.
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.
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.
Check out this ad that was shot entirely on an iPhone 5
The 30-second ad was shot by Dublin based advertising agency Rothco.
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.
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”.
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.
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.
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.
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.
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.
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.
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’.
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.
Central Bank names six banks which missold PPI to ineligible customers
A seventh institution asked not to be named by the regulator.
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.
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.
Infographic: How much have the Irish put into their banks?
As this image reveals, quite a bit.
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.
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.
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?
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.
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.
AIB still paying millions for staff gym and golf club fees
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.
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.
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.
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.
AIB to sign up to government's 'mortgage to rent' scheme
State-controlled AIB will participate in the Keane Report’s suggestion allowing struggling mortgage holders to rent their homes.
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
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.