AIB has announced increases on its mortgage and overdraft rates.
The increases have been prompted by the higher interest rates in the wholesale money markets in recent months as a result of the international credit crisis.
The bank's standard variable rate for owner occupiers will rise by 0.15 points to 5.25% and for buy-to-let customers by 0.15 points to 5.45%.
AIB added that its overdraft rates for personal and business customers will increase by 0.25 points. The bank's personal 'A' overdraft rate is increasing to 12.95%. The business 'AA' overdraft rate is increasing to 10.70%.
The increases will take effect from close of business on January 15.
