Ciaran Aib

7 results

AIB: The bank predicts that new mortgage lending in Ireland will normalise at about €10bn in the coming years, for a market of 25,000-30,000 newly built houses a year. Photograph: Nick Bradshaw

AIB chief executive Bernard Byrne sees a “potential” for the bank to pay special dividends from surplus capital in the coming years as its balance she(...)

Chief financial officer Mark Bourke and chief executive Bernard Byrne at the announcement of AIB’s annual results in Dublin on Thursday. Photograph: Nick Bradshaw

AIB produced a slick 54-page presentation of its annual results on Thursday, showing the company ahead of expectations across a number of headings. It(...)

Bernard Byrne:  reminded the committee that AIB had repaid  €6.5 billion since the crash.  Photograph: Cyril Byrne

AIB has written off €1.3 billion in mortgage debt since the crash to help “right-size” the position of arrears customers who have engaged with the ba(...)

 Allied Irish Bank is 99.9 per cent owned by the Irish State.  Photograph: Bryan O’Brien

AIB has more practising solicitors on its payroll than many leading Irish law firms, data from the Law Society shows. The bank, which is 99.9 per cen(...)

AIB chairman Richard Pym: non-performing loans on AIB’s balance sheet are now “contained and well-provided for”. Photograph: Eric Luke/The Irish Times

AIB is close to being in a position to pay a “prudent dividend” to the State, its chairman Richard Pym told the Institute of International and Europea(...)

Photograph: Aidan Crawley

AIB made a pretax profit of €1 billion in the first six months of this year, which was €200 million lower than in the same period of 2015. The bank(...)

AIB chairman Richard Pym told shareholders the bank has paid about €3 billion to the State in fees related to the Government’s guarantees.

AIB will pay the State €1.866 billion tomorrow after receiving shareholder approval for a major capital reorganisation that also puts it on the path b(...)