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AIB outlines priorities at AGM
28 Apr 2015 15:03
The AIB chairman has said that the bank's priorities are to keep private dwelling mortgage customers in their own homes where possible and to secure the future of viable companies and protect employees.
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Richard Pym was speaking at the group's annual general meeting this morning.
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Mr Pym said 2104 was a milestone year for the bank in which it achieved significantly improved financial results. He said the bank is now in a stronger position to support its customers and the Irish economy.
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He thanked the Irish taxpayers for having invested €20.8 billion in support for AIB, without which he said the group would not have survived.
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He said the bank deals with all debt cases in a fair way, while ensuring an economic return for the bank and taxpayers.
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The bank chairman added, though, that he shares concerns about the consequences of ongoing difficulties associated with legacy debt.
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