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Questions have begun to arise around whether a drop in prices could be on the cards

What next for property prices as rate of growth slows?

The laws of gravity dictate that what goes up, must come down, but when it comes to the property market, the same rules don't have to necessarily apply.

Business • 16 Oct 22

The rate increase comes in from close of business today

AIB to increase rates on new fixed mortgages by 0.5%

AIB is to increase the interest rate it charges for new fixed rate mortgages by 0.5%.

Business • 14 Oct 22

The payments follow negotiations between Bank of Ireland, AIB and the Financial Services Union

BoI and AIB staff to get financial support payments

Bank of Ireland and AIB are to pay staff an additional financial support payment to help them to deal with the rising cost of living.

Business • 10 Oct 22

The AIB S&P Global manufacturing Purchasing Managers' Index inched up to 51.5 in September from 51.1 in August

Manufacturing ekes out modest growth in September - PMI

The country's manufacturing sector growth picked up slightly in September, outperforming the wider euro zone.

Business • 03 Oct 22

Back in June the Government raised €305m through the sale of a 5% stake in the bank and cut its majority shareholding to 63.5%

Minister announces resumption of AIB share trading plan

The Minister for Finance has announced that the Government has resumed its AIB share trading plan.

Business • 30 Sep 22

Businesses listed "upfront investment costs" as the top barrier for their organisations to act more sustainably

23% of firms feel they are not operating sustainably

23% of businesses feel they are not operating sustainably, according to new AIB data carried out by Amárach Research.

Business • 23 Sep 22

AIB was forced into a U-turn on the plan four days after it was announced

Minister defends handling of AIB cash withdrawal plan

The Minister for Finance has defended his and his department's handing of the decision by AIB to end cash services in 70 branches around the country in July.

Business • 21 Sep 22

The process of selling down the State's Bank of Ireland shares began in June of last year

State to complete sale of BoI stake "shortly" - Donohoe

The Minister for Finance has said that he expects to be able to announce shortly that the State's stake in Bank of Ireland has been reduced to zero.

Business • 21 Sep 22

Among all age groups, spending in pubs and off-licences fell the most with an 8% drop compared to the previous month.

Younger people spending less as inflation hits

Consumer spending during the month of August rose by 0.8% despite there being 55,000 fewer transactions, according to a new figures from AIB.

Business • 16 Sep 22

The ECB has increased rates by 1.25% since July

Banks tell committee mortgage rates are under review

The chief executive of AIB has said the bank will make a decision over the course of the next number of weeks about whether to pass on the latest European Central Bank (ECB) interest rate increase to its mortgage borrowers.

Business • 14 Sep 22

The bank said it under-appreciated the presence of fully-serviced branches

AIB pledges to retain local branches

AIB has told the Oireachtas Committee on Finance that it under-appreciated the value customers attach to the presence of a fully-serviced local branch, when it decided to remove cash services from 70 branches earlier this year.

Business • 14 Sep 22

The regulator said more remains to be done to improve the experience of customers moving their accounts from Ulster Bank and KBC Bank Ireland

Quarter of Ulster and KBC bank accounts closed so far

Just a quarter of Ulster Bank and KBC accounts have been closed since the start of this year, despite intense efforts by the two lenders to wind down their operations here.

Business • 09 Sep 22

The FSU is urging companies to ensure employees receive support to help deal with their living expenses

FSU calls for support to deal with cost of living hikes

The Financial Services Union, which represents workers in the financial and tech sectors, has launched a campaign calling for additional supports from employers to help staff cope with the soaring cost of living.

Business • 01 Sep 22

Ulster Bank continues its phased withdrawal from the Irish market

AIB deal for Ulster Bank's tracker loans sent to CCPC

The proposed acquisition by AIB of a portfolio of performing Ulster Bank mortgages has been notified to the Competition and Consumer Protection Commission.

Business • 25 Aug 22

Submission to the Finance Department had warned about the impact of AIB's Central Bank fine for tracker mortgage failings

AIB fine a 'negative surprise' ahead of stake sale

Finance Minister Paschal Donohoe was warned that a hefty fine for AIB over tracker mortgages could represent a "negative surprise" as the State prepared to sell a significant stake in the bank.

Business • 09 Aug 22

'We moved far too far, far too fast' - Colin Hunt

'We got it wrong' - AIB CEO on cashless branch plan

The chief executive of AIB has admitted the bank "got it wrong" when it announced that it was to turn 70 of its 170 branches into cashless outlets, last week.

Business • 29 Jul 22

In a customer update on its website, AIB said the change will take effect in August for most customers.

AIB tracker mortgage rates to rise by 0.5% from August

AIB has said tracker mortgage rates will increase for all tracker mortgage customers by 0.5% in line with the European Central Bank increase.

Business • 26 Jul 22

It is just three days since the bank announced it planned to axe cash and cheque services from 70 more of its 170 nationwide branches

AIB U-turn represents victory for customers

It's pretty unusual for companies to make big, public U-turns.

Business • 22 Jul 22

AIB has said 70 of its 170 branches would be turned into cashless outlets

Taoiseach says AIB should 'reconsider' cashless move

The Taoiseach has said AIB should "reconsider and reflect on" its decision to remove cash facilities at 70 branches around the country.

Politics • 21 Jul 22

AIB is hiring 500 staff for digital roles

AIB to turn 70 branches cashless, expand An Post deal

AIB is to turn 70 of its 170 branches into cashless outlets as a result of what it has claimed is declining demand for these services.

Business • 19 Jul 22

Today's PMI reading was the second weakest increase in activity in over a year as input prices and charges rose at the fourth-fastest rates on record

Services growth slows in June on inflation concerns

Growth in the country's services sector slowed markedly in June as concerns over inflation cut firms' expectations for the next 12 months to the lowest level since the country was still in the grip of the Covid pandemic.

Business • 05 Jul 22

The AIB S&P Global manufacturing Purchasing Managers' Index fell to 53.1 in June from 56.4 in May

Manufacturing growth eases to 16-month low - PMI

Manufacturing growth slowed to a 16-month low in June as new orders contracted in the face of rising prices, a survey showed today.

Business • 01 Jul 22

AIB CEO Colin Hunt said the stake sale marked a 'normalisation' of the bank's share register

State raises €305m by selling 5% AIB stake

The Government has raised €305m through the sale of a 5% stake in AIB as it cut its majority shareholding in the bank to 63.5%, the Department of Finance said today.

Business • 28 Jun 22

Govt to sell additional 5% of its AIB shareholding

The Government has announced it's to sell an additional 5% of its shareholding in AIB.