AIB is set to increase its fixed and variable mortgage rates in Ireland by an average of 0.46%.
The lender said the increase will be across its AIB, EBS and Haven fixed and variable rates.
With the exception of green mortgage fixed rates, AIB, EBS and Haven fixed rates will increase by between 0.15% and 0.70%.
The bank said the new fixed mortgage rates are effective from 30 June.
However, it added that customers who draw down their new mortgage by close of business 28 July can avail of the previous fixed rates.
AIB and Haven variable mortgage rates will increase by 0.65%, while EBS's variable mortgage rate will increase by 0.45%.
The bank said it will write to customers who hold variable rate mortgages confirming the new interest rate and effective date of August 2023.
It said the move follows the European Central Bank's decision to raise interest rates by 4% since last July.
The lender reiterated that AIB, EBS and Haven Green Mortgage fixed rates, which are available to customers whose home has an energy rating of B3 or higher, remain unchanged.
It also said there is no change for customers with a tracker mortgage linked to the ECB rate.
AIB also announced that it is launching two new fixed term deposit offerings for personal and business customers, with a two-year fixed term, at a rate of 2%, and a six-month fixed term, at a rate of 0.75%.
"The new Fixed Term Deposit products are available from tomorrow, 30 June, in branch and will be on the AIB Mobile App in the coming weeks," the bank said in a statement.
"Today's announcement comes after increases to our regular saver products rate to 2.00% and our 1 Year Fixed Term Deposit rate to 1.50% earlier this month, both also available on the AIB Mobile App and in branch."
