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In April 2010, AIB announced that the Irish government would receive a stake of 16% or 17% in the bank. The Irish State had been due to receive dividends on those shares, but EU regulations state that banks that get State aid cannot make cash payments. This forced AIB to give the government shares instead. [26]
AIB's net interest margin fell to 2.47 percent from 2.58 percent in 2017, but was still higher than the 2.20 recorded by main rival Bank of Ireland, which this week warned it would face further ...
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.
AIB was originally formed in 1966 from a merger of a group of smaller banks. Following this merger, banknotes issued by the Provincial Bank of Ireland were reissued with the Allied Irish Banks name. In 1991, AIB merged with TSB Northern Ireland and began trading as the First Trust Bank, and since then, the bank's notes have been issued under ...
AIB (NI) (formerly known as First Trust Bank) is a commercial bank in Northern Ireland that is part of Allied Irish Banks's UK subsidiary AIB Group (UK) plc. It is one of the Big Four banks in Ireland. The bank was created in 1991 when TSB Northern Ireland merged with the AIB Group's other interests.
On 1 July 2011, EBS Building Society ceased to exist and, after being granted a banking licence, and demutualising, EBS Building Society became EBS Ltd., a subsidiary of AIB. On 12 September 2016, EBS Limited re-registered as a designated activity company (d.a.c.), as required under the Companies Act 2014. The registered name of the legal ...
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There are other indexes of dividend aristocrats that vary with respect to market cap and minimum duration of consecutive yearly dividend increases. Components are added when they reach the 25-year threshold and are removed when they fail to increase their dividend during a calendar year or are removed from the S&P 500.