Allica Bank

4 results

Robert Mulhall has spent more than 25 years with AIB since first joining the bank in 1995. Photograph: Alan Betson

AIB’s managing director of its UK unit, Robert Mulhall, is planning to leave the group within the coming months, after overseeing a major restructurin(...)

Money market traders have now fully priced in a 10-basis-point rate hike by the European Central Bank in December 2022. Photograph:  Drew Angerer/Getty Images

European stocks slumped to a three-week low on Tuesday, clocking their worst session in nearly two months, as a resurgence in Covid-19 cases raised fe(...)

AIB chief executive Colin Hunt announced last December that the bank was retrenching from the British SME market. Photograph: Nick Bradshaw

AIB confirmed on Tuesday it has agreed to sell its British small-business loan book to London-based challenger lender Allica Bank. However, the £600 (...)

AIB has selected fledgling UK small-business challenger bank Allica Bank as preferred bidder for its British SME business loan book.

AIB has selected fledgling UK small-business challenger bank Allica Bank as preferred bidder for its almost £1 billion (€1.2 billion) British SME busi(...)