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Allied Irish Banks' logo (1990–2016) Allied Irish Banks' former crest. On 9 September 2010 AIB reached agreement to sell a 66% stake in BZ-WBK to Santander for €3.1 billion, the balance of the shares to be sold on the open market. [20] Any purchase over 66% would have forced Santander to make an offer to buy the entire company. [21]
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 ...
On 31 March 2010 Anglo Irish Bank reported results for the 15 months to December 2009. Losses for the period were €12.7 billion, with an operating profit before impairment of €2.4 billion and an impairment charges of €15.1 billion driving the overall result. It is the largest loss in Irish corporate history. [11]
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.
Bank Zachodni WBK in Tychy, 2009. In March 1995, the Irish group Allied Irish Banks (AIB) acquired 16.2% of shares in Wielkopolski Bank Kredytowy from the State Treasury. In the following years, the group acquired more WBK shares to buy the control stake (80%) in Bank Zachodni in 1999.
Eugene J. Sheehy (born 1954 in Carlow, Ireland) was Group Chief Executive of Allied Irish Banks Plc. He was educated at The Christian Brothers in Carlow and then Salesian College, Limerick . He joined AIB in 1971 when he was 17 years old and spent 20 years in retail banking, including branch manager appointments in a number of Dublin branches ...
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.
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 ...