Results show AIB makes €3.8m a day

Updated: 22:59, Tuesday, 22 February 2005

AIB Bank makes €3.8 million in profit every day, its latest results reveal.

1 of 1AIB - €1.4bn profit for 2004
AIB - €1.4bn profit for 2004
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9 News: David Murphy, Business Correspondent, reports on the biggest ever profit announced by an Irish company
9 News: David Murphy, Business Correspondent, reports on the biggest ever profit announced by an Irish company
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News At One: David Murphy, Business Correspondent, analyses the latest AIB figures
News At One: David Murphy, Business Correspondent, analyses the latest AIB figures

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AIB Bank makes €3.8 million in profit every day, its latest results reveal.

The figures for 2004 show that AIB had the biggest profit for any Irish bank at €1.4 billion.

The company had to pay €50 million to cover the costs of overcharging customers for foreign exchange.

Speaking to RTÉ News, the bank's chief executive, Michael Buckley, said that the firm had already repaid €15 million of this to its clients.

  • News At One: David Murphy, Business Correspondent, analyses the latest AIB figures

    News At One: David Murphy, Business Correspondent, analyses the latest AIB figures

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