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Allied Irish Banks Limited was formed in 1966 as a new company that acquired three Irish banks: Provincial Bank of Ireland, the Royal Bank of Ireland, and the Munster & Leinster Bank. In 1966, AIB's aggregate assets were IR£255 million (€323.8 million)—as at 31 December 2005, the AIB Group had assets of €133 billion. In the 1980s the ...
Allied Irish Bank (GB) offers a full range of business banking services, delivered online and through 21 branches in Great Britain. The bank is authorised by the Prudential Regulation Authority and regulated by both the Financial Conduct Authority and the Prudential Regulation Authority.
He executed a radical overhaul of AIB's branch banking operation in 1992 which entailed new and, in the view of many, unpopular changes to work practice. He also brokered a deal with staff to secure implementation. He was appointed General Manager, Retail Operations in 1999, and Managing Director, AIB Bank (Republic of Ireland) in 2001.
In 1996, Bank of Ireland bought the Bristol and West building society for UK£600 million (€882 million), which kept its own brand. [23] In 1997, Bank of Ireland acquired New Ireland Assurance plc. [24] In 1997, Bank of Ireland introduced Internet banking. [25] In 1999, the bank held merger talks with Alliance & Leicester, but they were ...
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AIB Group (UK) p.l.c. is a subsidiary of Allied Irish Banks. It is registered in Northern Ireland. [1] Regulated by the Financial Services Authority, it serves as the legal entity for the United Kingdom banking division of the group. It trades under two names: Allied Irish Bank (GB) in Great Britain, where it is primarily a business bank.
The bank was created in 1991 when TSB Northern Ireland merged with the AIB Group's other interests. The bank can trace its existence back to 1816 with the founding of the Belfast Savings Bank . The bank was one of the four banks that issued Pound Sterling banknotes in Northern Ireland until February 2019; First Trust notes are no longer legal ...
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
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