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 with positive momentum in income. Business • 08 Mar 23
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 with positive momentum in income. Business • 08 Mar 23
'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 into cashless outlets, last week. Business • 29 Jul 22
'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 into cashless outlets, last week. 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'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 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 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 dividends for 2021. Business • 03 Nov 21
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 dividends for 2021. 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 won't be around in a decade's time. Business • 15 Sep 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 won't be around in a decade's time. 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 the year and included a net credit impairment writeback of €103m. Business • 04 Aug 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 the year and included a net credit impairment writeback of €103m. 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 pay restrictions on bankers. Business • 30 Jun 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 pay restrictions on bankers. 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 for a resumption of normal dividends and recovery in lending. Business • 06 May 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 for a resumption of normal dividends and recovery in lending. 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'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 charge of €1.460 billion and exceptional items of €215m. Business • 05 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 charge of €1.460 billion and exceptional items of €215m. 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 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 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 customers with rates as low as 2.25%. Business • 14 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 customers with rates as low as 2.25%. 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 been implemented since the outbreak of the coronavirus. Business • 12 May 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 been implemented since the outbreak of the coronavirus. 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 of payment breaks for customers suffering financially as a result of the Covid-19 crisis. Business • 29 Apr 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 of payment breaks for customers suffering financially as a result of the Covid-19 crisis. 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 a new strategy announced by the bank today. Business • 06 Mar 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 a new strategy announced by the bank today. Business • 06 Mar 20
AIB signals more job cuts amid 'challenging' conditions AIB has signalled more job cuts as it said the operating environment for European banks has become more challenging. Business • 05 Nov 19
AIB signals more job cuts amid 'challenging' conditions AIB has signalled more job cuts as it said the operating environment for European banks has become more challenging. Business • 05 Nov 19
AIB chairman Pym to retire in March AIB chairman Richard Pym has announced that he will retire from the bank in March of next year. Business • 25 Oct 19
AIB chairman Pym to retire in March AIB chairman Richard Pym has announced that he will retire from the bank in March of next year. Business • 25 Oct 19
AIB committed to €5 billion in loans for green projects AIB has launched its Green Bond Framework, which the bank says will help it to increase the amount of eco-friendly lending it engages in. Business • 24 Sep 19
AIB committed to €5 billion in loans for green projects AIB has launched its Green Bond Framework, which the bank says will help it to increase the amount of eco-friendly lending it engages in. Business • 24 Sep 19
AIB takes charge of €131m as H1 pre-tax profits fall AIB has reported pre-tax profits - including exceptionals - of €436m for the six months to the end of June - a fall of more than 40% on profits of €762m the same time last year. Business • 26 Jul 19
AIB takes charge of €131m as H1 pre-tax profits fall AIB has reported pre-tax profits - including exceptionals - of €436m for the six months to the end of June - a fall of more than 40% on profits of €762m the same time last year. Business • 26 Jul 19
AIB forms new joint venture to buy Payzone AIB has formed a new joint venture with First Data Corporation to buy Irish fintech payments business Payzone for €100m from Carlyle Cardinal Ireland. Business • 18 Apr 19
AIB forms new joint venture to buy Payzone AIB has formed a new joint venture with First Data Corporation to buy Irish fintech payments business Payzone for €100m from Carlyle Cardinal Ireland. Business • 18 Apr 19
AIB may sell more non-performing loans this year The new chief executive of AIB, Colin Hunt, has signalled that the bank may sell further non-performing loans later this year. Business • 11 Apr 19
AIB may sell more non-performing loans this year The new chief executive of AIB, Colin Hunt, has signalled that the bank may sell further non-performing loans later this year. Business • 11 Apr 19
Colin Hunt confirmed as new AIB chief executive AIB has confirmed the appointment of Dr Colin Hunt as its new chief executive. Business • 08 Mar 19
Colin Hunt confirmed as new AIB chief executive AIB has confirmed the appointment of Dr Colin Hunt as its new chief executive. Business • 08 Mar 19