AIB CEO Colin Hunt appointed as new Ibec President The new President of Ibec has said Ireland faces "significant challenges that must be addressed head on" - including infrastructure deficits. Business • 04 Sep
AIB CEO Colin Hunt appointed as new Ibec President The new President of Ibec has said Ireland faces "significant challenges that must be addressed head on" - including infrastructure deficits. Business • 04 Sep
AIB's half year after tax profits fall by 16% AIB has reported lower after tax profits and income for the first half of 2025 - its first set of results since returning to full private ownership in June. Business • 01 Aug
AIB's half year after tax profits fall by 16% AIB has reported lower after tax profits and income for the first half of 2025 - its first set of results since returning to full private ownership in June. Business • 01 Aug
Pay cap removed at AIB and PTSB after AIB stake sale Minister for Finance Paschal Donohoe has announced the removal of the pay cap on maximum pay for AIB and PTSB. Business • 17 Jun
Pay cap removed at AIB and PTSB after AIB stake sale Minister for Finance Paschal Donohoe has announced the removal of the pay cap on maximum pay for AIB and PTSB. Business • 17 Jun
AIB raises $750m in new capital after bond sale AIB has raised $750m in funding through a new bond, which offered investors an interest rate of 5.32%. Business • 09 May
AIB raises $750m in new capital after bond sale AIB has raised $750m in funding through a new bond, which offered investors an interest rate of 5.32%. Business • 09 May
AIB proceeds with buyback to cut Government stake AIB has agreed to proceed with a direct share buyback with the State as its share price rose back above the agreed buyback price, allowing it to cut the Government's stake in the bank to 3.3% from just under 12%. Business • 08 May
AIB proceeds with buyback to cut Government stake AIB has agreed to proceed with a direct share buyback with the State as its share price rose back above the agreed buyback price, allowing it to cut the Government's stake in the bank to 3.3% from just under 12%. Business • 08 May
AIB to decide on buyback after AGM shareholder approval AIB's board will decide over the coming week whether a proposed direct share buyback from the State should proceed after it was approved by shareholders today amid a drop in its share price since the plan was announced on March 5. Business • 02 May
AIB to decide on buyback after AGM shareholder approval AIB's board will decide over the coming week whether a proposed direct share buyback from the State should proceed after it was approved by shareholders today amid a drop in its share price since the plan was announced on March 5. Business • 02 May
'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
'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
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
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
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
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
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
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
State reduces its stake again in AIB to 22% AIB has spent €500m buying back another tranche of shares from the State, with the State's shareholding in the bank falling to 22.04% from 24.88%. Business • 02 Sep 24
State reduces its stake again in AIB to 22% AIB has spent €500m buying back another tranche of shares from the State, with the State's shareholding in the bank falling to 22.04% from 24.88%. Business • 02 Sep 24
AIB posts half year profits of over €1.1 billion AIB has reported after tax profits of €1.108 billion for the six months to the end of June, up from €854m the same time last year. Business • 02 Aug 24
AIB posts half year profits of over €1.1 billion AIB has reported after tax profits of €1.108 billion for the six months to the end of June, up from €854m the same time last year. Business • 02 Aug 24
State reduces its stake in AIB to below key 30% threshold The State has sold another 5% of its stake in AIB, bringing its shareholding in the bank to about 25.5% from around 30.5%. Business • 27 Jun 24
State reduces its stake in AIB to below key 30% threshold The State has sold another 5% of its stake in AIB, bringing its shareholding in the bank to about 25.5% from around 30.5%. Business • 27 Jun 24
Goodbody, AIB Capital Markets in restored Dublin office A revamped heritage building is now providing office accommodation in Dublin city centre for about 900 AIB Capital Markets and Goodbody workers. Business • 31 May 24
Goodbody, AIB Capital Markets in restored Dublin office A revamped heritage building is now providing office accommodation in Dublin city centre for about 900 AIB Capital Markets and Goodbody workers. Business • 31 May 24
AIB buys back almost €1 billion of shares from the State AIB has bought back another big tranche of its shares held by the State, which reduces the State's stake in the bank to about 32.6%. Business • 03 May 24
AIB buys back almost €1 billion of shares from the State AIB has bought back another big tranche of its shares held by the State, which reduces the State's stake in the bank to about 32.6%. Business • 03 May 24
State to receive €1bn from AIB share buyback The exchequer is set to receive a €1bn boost after shareholders at AIB backed a plan to buy back another big tranche of its shares held by the State. Business • 02 May 24
State to receive €1bn from AIB share buyback The exchequer is set to receive a €1bn boost after shareholders at AIB backed a plan to buy back another big tranche of its shares held by the State. Business • 02 May 24
AIB raises €625m in new capital amid strong demand AIB said it raised €625m yesterday from the issuance of a new bond to institutional investors which offered an interest rate of 7.125%. Business • 24 Apr 24
AIB raises €625m in new capital amid strong demand AIB said it raised €625m yesterday from the issuance of a new bond to institutional investors which offered an interest rate of 7.125%. Business • 24 Apr 24
AIB posts 'exceptional' profits of €2.058 billion AIB has reported "exceptional" after tax profits of €2.058 billion for 2023, up from €765m the previous year and said that overall credit quality remains robust against the backdrop of inflation and higher interest rates. Business • 06 Mar 24
AIB posts 'exceptional' profits of €2.058 billion AIB has reported "exceptional" after tax profits of €2.058 billion for 2023, up from €765m the previous year and said that overall credit quality remains robust against the backdrop of inflation and higher interest rates. Business • 06 Mar 24
AIB targets 70% green lending by 2030 AIB Group has set a target for 70% of new lending to be for environmentally friendly projects or to speed the transition to a greener economy, it said today, up from 20% so far this year. Business • 20 Nov 23
AIB targets 70% green lending by 2030 AIB Group has set a target for 70% of new lending to be for environmentally friendly projects or to speed the transition to a greener economy, it said today, up from 20% so far this year. Business • 20 Nov 23
AIB lifts 2023 guidance for third time this year AIB has today lifted its full year income guidance for the third time this year after a higher interest rate environment contributed to a "very strong" third quarter that it expects to continue in the final three months. Business • 01 Nov 23
AIB lifts 2023 guidance for third time this year AIB has today lifted its full year income guidance for the third time this year after a higher interest rate environment contributed to a "very strong" third quarter that it expects to continue in the final three months. Business • 01 Nov 23
AIB makes three senior management appointments AIB has today announced a new Managing Director Retail Banking, a new Chief People Officer and a new Chief Technology Officer. Business • 18 Oct 23
AIB makes three senior management appointments AIB has today announced a new Managing Director Retail Banking, a new Chief People Officer and a new Chief Technology Officer. Business • 18 Oct 23
AIB upgrades guidance after strong H1 profits AIB has today raised its full-year guidance for the second time in three months after almost doubling its first-half profits thanks to higher interest rates and an influx of new customers. Business • 28 Jul 23
AIB upgrades guidance after strong H1 profits AIB has today raised its full-year guidance for the second time in three months after almost doubling its first-half profits thanks to higher interest rates and an influx of new customers. Business • 28 Jul 23
Govt stake in AIB falls below 50% after share sale Minister for Finance Michael McGrath has sold another 5% of the State's stake in AIB, which sees the bank exiting majority ownership for the first time since the financial crisis over a decade ago. Business • 28 Jun 23
Govt stake in AIB falls below 50% after share sale Minister for Finance Michael McGrath has sold another 5% of the State's stake in AIB, which sees the bank exiting majority ownership for the first time since the financial crisis over a decade ago. Business • 28 Jun 23
AIB faces shareholder criticism over deposit rates The chief executive of AIB has defended the bank's decision to only partially pass on ECB interest rate increases to deposit holders, amid shareholder accusations at its AGM that the bank is "short-changing" savers. Business • 04 May 23
AIB faces shareholder criticism over deposit rates The chief executive of AIB has defended the bank's decision to only partially pass on ECB interest rate increases to deposit holders, amid shareholder accusations at its AGM that the bank is "short-changing" savers. Business • 04 May 23
New share buyback to cut State's stake in AIB to 53.35% The Minister for Finance has taken part in AIB Group's 2023 share buyback programme on a directed basis, which will further reduce the State's shareholding in the bank. Business • 25 Apr 23
New share buyback to cut State's stake in AIB to 53.35% The Minister for Finance has taken part in AIB Group's 2023 share buyback programme on a directed basis, which will further reduce the State's shareholding in the bank. Business • 25 Apr 23
