AIB is to increase its home loan rates from close of business on Wednesday following the recent ECB interest rate increase.
But the bank is not passing on the full quarter-point rise, lifting its standard variable rate by 0.1 points to 4.35%. Tracker related mortgages will go up by 0.25 points, however, while overdraft rates also climb by a quarter-point.
AIB will increase most of its savings rates by a quarter of a point, while its regular saver account rate increases by a half-point to 6.09%..
