News | Latest Breaking News Stories & Headlines

John O'Connell, Financial Services Union General Secretary, Orlaith Treacy, Foster Care Ireland Principal Social Worker and AIB's Chief People Officer David McCormack

AIB introduces up to ten days foster leave for staff

AIB has introduced additional supports for its staff, which are aimed at positively impacting their work life balance and supporting them as they care for their families and face life events.

Business • 14 Apr

The AIB Ireland Construction Total Activity Index moved back above the 50 no-change mark in March to reach 53.9, up from 48.7 in February

Construction activity rises amid stronger new orders: PMI

Construction activity rose in March - the first increase in total activity in three months - amid stronger new order growth, the latest Purchasing Managers Index from AIB shows.

Business • 08 Apr

Co-authors, chartered quantity surveyor Anthony Cloonan and chartered valuation surveyor Sarah Garry, SCSI President Kevin Hollingsworth and Mary Whitelaw, AIB's Chief Strategy and Sustainability Officer

Office retrofitting could boost rental income by 66%

Retrofitting old offices could boost rental income by up to 66%, a new survey by the Society of Chartered Surveyors Ireland and AIB suggests .

Business • 07 Apr

AIB's Purchasing Managers' Index (PMI) slipped to 51.6 in March from 51.9 in February

Manufacturing growth slows slightly in March, PMI shows

Growth in the country's manufacturing sector slowed slightly in March, with concerns over global economic uncertainty and US trade tariffs tempering business optimism, a survey showed today.

Business • 01 Apr

This has the potential to reduce the State's shareholding by 8% to 3%.

State agrees to AIB's €1.2bn share buyback proposal

The State has agreed in principle to AIB's €1.2bn share buyback proposal.

Business • 31 Mar

AIB Branch Manager, Clonakilty, Co Cork, Stephen Rowe and Emma Connolly, Occupational Therapist, Flourish and Be, inclusive hair sSalon owner and AIB customer

AIB first Irish bank with Autism support in every branch

AIB has partnered with Autism charity AsIAm to make all of its 170 branches around the country as user-friendly as possible for Autistic people.

Business • 31 Mar

Mary McHale, Head of Financial Crime at AIB

Reported cases of phone call fraud up 79% so far in 2025

AIB said it is seeing a sharp increase in reports of phone call or vishing fraud, with overall vishing increasing by 79% in the first two months of this year compared to the same time last year.

Business • 28 Mar

AIB said that €5.1 billion of new green lending in 2024 represented 35% of its €14.5 billion new lending

AIB raises €500m in seventh green bond issuance

AIB said today it has raised €500m from the issuance of its seventh green bond.

Business • 14 Mar

AIB CEO Colin Hunt and chief financial officer Donal Galvin

'Clear path' for AIB to return to full private ownership

AIB shares jumped in Dublin trade today after its chief executive said there is a "clear path" for the bank to return to full private ownership this year.

Business • 05 Mar

The AIB Ireland Manufacturing Purchasing Managers' Index rose to 51.9 in February from 51.3 in January, marking the second consecutive month above the 50 line indicating expansion

Manufacturing growth hits 1 year high in February - PMI

The country's manufacturing sector saw its fastest growth in a year in February, driven by a surge in new orders and increased production volumes, a survey by AIB and S&P Global showed today.

Business • 03 Mar

Lawyers for the bank told the WRC that Alan Ecock had categorically denied in May 2023 that he was still doing bar work

AIB official who was moonlighting as a barman loses claim

A tribunal has upheld the sacking of a bank official who spent decades moonlighting as a barman "pulling pints" in a Dublin pub only to lose both jobs in a year after a senior AIB manager read about his unfair dismissal from the bar job in a news report.

Business • 18 Feb

Officials said there was no legal requirement to change the compensation cap as long as the state remained a shareholder.

Discussion on pay caps at AIB likely to rear head

Finance Minister Paschal Donohoe was told a discussion on pay caps and the "super-tax" on bonuses at AIB is likely to rear its head as the state's share in the bank approaches zero.

Business • 18 Feb

AIB's Managing Director of Retail Banking Geraldine Casey and Leticia Felix Miranda, from Brazil, in AIB Grafton Street, Dublin where Leticia availed of AIB's new language interpretation and translation services

New AIB language interpretation and translation supports

AIB has made language interpretation and translation services available for its 3.3 million customers in its 170 strong branch network across the country.

Business • 04 Feb

AIB chief executive Colin Hunt has welcomed the latest sale of AIB shares by the State

State cuts AIB stake and says it may exit bank this year

The State has cut its shareholding in AIB Group to 12.5% from 17.5% and may exit the bank completely this year, the Finance Minister Paschal Donohoe said today.

Business • 28 Jan

Following the transaction, the State's shareholding in the bank will fall to 12.5%.

State to cut AIB stake to 12.5% in latest share sale

The State is to sell another 5% of its stake in AIB.

Business • 28 Jan

AIB is to reduce the minimum balance required to open an AIB Fixed Term Deposit account from €15,000 to €5,000

AIB to cut two of its fixed term saving rates by 0.25%

AIB has announced it will reduce rates by 0.25% on two of its Fixed Term savings products after the European Central Bank decreased rates four times over the last year.

Business • 22 Jan

AIB said the "Additional Tier 1" (AT1) perpetual bond further supports the lender in meeting its regulatory capital requirements

AIB raises €700m in new capital with AT1 bond

AIB has raised €700m from the issuance of a new bond to institutional investors, which offers an interest rate of 6%.

Business • 08 Jan

Ireland's big banks enjoyed a bumper year - but there are mounting challenges facing them in the year ahead

Full Credit: Solid year for Irish banks but risks loom

This year had echoes of the good old days for Irish banks – but a bright future is far from certain for Irish lenders, writes Adam Maguire.

Business • 30 Dec 24

AIB and the FSU have agreeed a pay deal for 2025 that includes pay hikes ranging from 4% to 7% depending on an individual's grade as well as a €1,500 voucher and an extra day's paid leave for all staff

AIB and FSU reach agreement on new pay deal

AIB and the Financial Services Union (FSU) have reached agreement on a pay deal for 2025 that includes pay increases ranging from 4% to 7% depending on an individual's grade, with a minimum €2,000 payment.

Business • 29 Nov 24

S&P Global Rating has today raised the outlooks on both Bank of Ireland and AIB

S&P raises outlook on BoI and AIB to positive from stable

Credit rating agency S&P Global Rating has raised the outlooks on both Bank of Ireland and AIB to "positive" from "stable".

Business • 26 Nov 24

AIB CEO Colin Hunt said the bank continued its momentum from the first half into the third quarter

AIB confident on outlook for the rest of 2024

Shares in AIB jumped today after it reported a "very strong" third quarter performance on the back of income and loan book growth and said it remains confident in its outlook for the remainder of 2024 and beyond.

Business • 05 Nov 24

The AIB share buyback deal was announced on September 2 with AIB saying it represented 'another important milestone in the process of repaying the taxpayer for their support'

'Good time' for AIB share buyback deal - Dept of Finance

Department of Finance officials said it was a good time for a €500m AIB share buyback deal with the state set to get a strong price for their stake.

Business • 29 Oct 24

AIB Group has already cut a number of its mortgage rates this year

AIB launches new 3-year fixed mortgage rate of 3%

AIB has launched a new green mortgage product with interest rates starting at 3%, the bank's lowest on offer.

Business • 25 Oct 24

AIB's Managing Director of Retail Banking Geraldine Casey

AIB to invest €40m in branch network revamp

AIB said it plans to invest €40m in its branch network by the end of next year in a range of upgrades to some of its branches and ATMs.

Business • 21 Oct 24

Finance Minister Jack Chambers said today's plan reiterates that the Irish economy is in a reasonably healthy position.

Government submits five year economic plan to EU

The Government has submitted a five year economic plan to the EU setting out its spending projections as part of a process of much greater oversight of Ireland's budgets.

Business • 15 Oct 24