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AIB GrpOrd EUR0.625(CDI) (AIBG)

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28-May-2021 01:12 PM

AIB appoints CFO as exec director

AIB Group has appointed CFO Donal Galvin to its board as an executive director, with immediate effect. He has held his current role since March 2019, initially joining as group treasurer in 2013. Previously, he held a number of senior roles at Mizuho Se
06-May-2021 09:56 AM

AIB returns to profit in Q1; confident of meeting guidance

Irish banking group AIB said it returned to profit in the first quarter of the year and said it was 'confident' of achieving our 2021 full year guidance. Total income decreased 4% in Q1 resilient, with net interest income down 13% and other
05-Mar-2021 09:43 AM

Allied Irish Bank annual profit slumps as bad debt provisions, lower rates bite

Allied Irish Bank reported a sharp fall in annual profit as lower interest and and sharp downturn in fee and bad debt provision hurt income. For the year ended 31 December 2020, operating profit fell to €729 million from €1,087 million year-on
22-Jan-2021 01:44 PM

Ex-DCC CFO joins Allied Irish Banks board

AIB Group and Allied Irish Banks have appointed Fergal O'Dwyer as an independent non-executive director. O'Dwyer had previously been at DCC which he joined in 1989. There, he was appointed to its board in 2000, where he was an executive direct
30-Oct-2020 10:04 AM

AIB income falls in nine months through September on weaker lending activity

Irish banking group AIB reported a fall in total income for the nine months through September amid lower net interest income and weaker lending activity. Total income fell 11% in the nine months through September from the same period a year ago, and ne
12-May-2020 10:09 AM

AIB pulls guidance as income falls in Q1; warns of further credit provisions in Q2

Irish bank AIB pulled its guidance after reporting lower net interest income and flagging €210m in provisions for bad loans in the first quarter amid deteriorating economic conditions. The company also warned it expected to make further credit pro
05-Nov-2019 09:35 AM

AIB net interest margin dented by challenging third quarter

Financial services group AIB said its net interest margin came under pressure in the third quarter, owing to a negative interest rate environment. Net interest margin fell 11 basis points to 2.32% due to average euro excess liquidity of about €4bn
26-Jul-2019 09:38 AM

AIB profits fall as net interest margin slips

Irish bank AIB profits fell in the first half of the year from a year earlier as net interest margin dropped slightly and costs rose. Pre-exceptional profit before tax fell to €567m in the first half, that compared with a pre-tax profit of €76
08-Mar-2019 10:05 AM

AIB Group confirms appoint of Colin Hunt as Chief Executive Officer

AIB Group confirmed Friday the appointed of Dr Colin Hunt as Chief Executive Officer. Colin Hunt succeeded Mr Bernard Byrne, who stepped down from his executive duties on March 2019 and would leave the company on 26 April 2019. Hunt joined AIB Group i
01-Mar-2019 10:04 AM

AIB hikes dividend as profits meet its expectations; Donal Galvin appointed CFO

AIB on Friday hiked its dividend after annual profits met its expectations as net interest margin growth steadied. The company also said Friday Mr Donal Galvin, the Deputy Chief Financial Officer and Group Treasurer, had been appointed Chief Financial O

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