European shares dip amid Strait of Hormuz tensions
Irish stock exchange slides more than 1%, London’s FTSE 100 down 0.6%
The latest news, comment, and features on Irish bank AIB
Irish stock exchange slides more than 1%, London’s FTSE 100 down 0.6%
Price of oil tumbles to €88 a barrel in afternoon trading
Austrian bank pledges to maintain PTSB’s headquarters in Dublin as well as a ‘meaningful branch footprint’ for two years
Many thought PTSB would not survive the banking crisis. Now the lender has the chance to become a real challenger to AIB and Bank of Ireland
Euronext Dublin finished the day down 2%, dragged down by Ryanair, which suffered a hit on the back of a profit warning from EasyJet
Matter will be voted on at agm
The hope is that PTSB’s new Austrian owners will offer the two big banks some genuine competition
Budget airline Ryanair slipped 1.6% to €25.52 in Dublin even as oil prices stayed well below $100 a barrel on Wednesday
PTSB shares slid 4.3% after Austrian Bawag was announced as winning bidder for Irish lender
Goodbody Stockbrokers describes price as a ‘disappointing outcome’
Business Today: The best news, analysis and comment from The Irish Times business desk
Building activity in the residential sector posted its second successive month of growth for the first time since the first half of 2025
Spending on entertainment rose 9% from March 2025, helped by the release of tickets for Olivia Dean’s Marlay Park concerts
Prospect of rising interest rates in wake of Iran war worries older couple with around five years left on their home loan
Businesses in the sector remain upbeat on their outlook despite cost challenges
Central Bank changes designed to make it easier to buy home before selling current dwelling
There was not much green on the board in Dublin, but AIB was an outlier as it climbed 0.3%
Outlook softens as uncertainty over events in the Middle East grows
Chief executive’s strategy update contains a target for the group to grow its loan book by 4% a year out to 2028
Lender plans to roll out new mobile app by the end of June
Markets choppy amid latest indications energy shipping through the crucial Strait of Hormuz could be restored
Iseq All-Share index advances 1.7% though down 6% so far this year
Costs increased at fastest pace since December 2022, says AIB, but strong demand allows them to be passed to customers in higher prices
Bank says customers can expect to save 12% on their cost of banking but that’s asking quite a lot of the figures
Euronext Dublin deepened recent losses as it slid 0.4% with Ryanair the standout under-performer
Bank plans to give those with 50 or fewer shares opportunity to sell to company
Markets still without clarity on how long war will last
UK-based 2DB provides live video streams and data to bookmakers’ shops
Debts recorded after large home was built in 2006 without planning permission, records show
Euronext Dublin underperformed international peers as it finished down 2.7 per cent, dragged by many of its bigger hitters
ICS Mortgages has increased its mortgage costs and the outlook for the market is entirely dependent on the Iran war
Lidl’s new flagship Maynooth site, Ireland’s first net zero supermarket, supported by refinancing from AIB, gets all operational energy from onsite renewable sources
European banks were among the big winners as traders boost bets on ECB rate hikes
Crosswords & puzzles to keep you challenged and entertained
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