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 … Business • 20 Nov
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 … Business • 01 Nov
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
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 … Business • 28 Jul
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 … Business • 28 Jun
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 … Business • 04 May
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 … Business • 25 Apr
AIB posts profits after tax of €765m for 2022 AIB has reported profits after tax of €765m for 2022, up from €645m in 2021, and said it has made a good start to 2023 … Business • 08 Mar
'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 … Business • 29 Jul 22
AIB's €91m share buyback plan now complete AIB said today that its share buyback programme has been successfully completed. Business • 26 May 22
AIB raises income outlook, announces share buyback AIB has today reported a strong first quarter performance and announced the start of a share buyback programme for up to €91m. Business • 05 May 22
AIB to pay out €213m to shareholders as profits return AIB said it will pay back €213m to shareholders after it recorded a profit after tax last year of €645m. Business • 03 Mar 22
AIB says on track to meet full year forecasts AIB has today said that it is on track to meet earnings expectations for the full year and said it would consider the resumption of … Business • 03 Nov 21
Firms who don't take ESG seriously won't survive - Hunt The chief executive of AIB has said he thinks the greatest challenge facing this generation is climate change and companies that don't take it seriously … Business • 15 Sep 21
AIB reports profit after tax of €274m in H1 AIB has reported a return to profit in its half year results. The group recorded profit after tax of €274m in the first half of … Business • 04 Aug 21
AIB not trying to circumvent bankers' pay restrictions The chief executive of AIB has moved to reassure politicians that the bank is not taking over Goodbody stockbrokers as a means of circumventing government … Business • 30 Jun 21
AIB reports a return to profitability in first quarter AIB has today reported a return to profitability in the first quarter of 2021 and said it was confident of achieving its full year guidance … Business • 06 May 21
AIB's green lending surged to €1.46 billion in 2020 Green lending rose to €1.46 billion at AIB last year - an increase of around a fifth on the previous year's level of €1.2 billion. Business • 16 Mar 21
AIB posts after tax loss of €741m amid Covid challenges AIB has reported a loss after tax of €741m for the year to the end of December on the back of an expected credit loss … Business • 05 Mar 21
AIB says Q3 performance more resilient than expected AIB said its performance in the third quarter was more resilient than it had expected with positive momentum reported on a quarterly basis. Business • 30 Oct 20
AIB raises €1 billion in green bond issuance AIB has issued a €1 billion green bond for the financing of low-carbon projects - the first for an Irish bank. Business • 23 Sep 20
AIB offers range of new fixed rate mortgages AIB is introducing a new range of Loan-to-Value (LTV) fixed rate mortgages, which will see the bank offer a range of fixed price points for … Business • 14 Sep 20
AIB sets aside €210m for expected Covid-19 losses AIB said it has set aside €210m in the first quarter to cover expected loan losses as it said that about 50,000 payment breaks have … Business • 12 May 20
AIB boss hopeful payment break extension can be agreed The chief executive of AIB has said he is hopeful that there will be an announcement soon by the banks here of a second phase … Business • 29 Apr 20
AIB to cut 1,500 jobs by 2022 as profits drop AIB has said it plans to cut its workforce to below 8,000 by 2022, a sharper reduction than it had previously flagged, as part of … Business • 06 Mar 20
