Donal Galvin

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AIB chief executive Colin Hunt said the bank would now take a ‘look back’ over the cases of other Belfry investors. Photograph: Nick Bradshaw/The Irish Times

AIB has set aside €100 million to compensate investors affected by a failed series of boom-time UK commercial property funds, including clients who we(...)

AIB’s chief executive Colin Hunt (left) with chief financial officer Donal Galvin. File photograph: Shane O’Neill

AIB chief executive Colin Hunt and his chief financial officer, Donal Galvin, spent much of their first year at the helm working on a three-year strat(...)

Pedestrians walk past a branch of AIB in Dublin. , Ireland, on Monday, Aug. 17, 2009. AIB chief financial officer Donal Galvin told analysts last week that the heightened level of loan-loss provisioning among Irish banks in the first half of the year reflected the fact that forecasting models are skewed by the effects of the financial crisis.  Photograph: Crispin Rodwell/Bloomberg

Irish banks continue to have among the highest capital reserve “cushions” among European banks, even after surprising the market in recent weeks by ta(...)

The State’s five retail banks  set aside a combined €2.6 billion of provisions to absorb an expected surge in bad loan losses. Image: iStock

If anything, Irish bank chiefs were decidedly more upbeat this week on the prospects for the economy – and their own businesses – than three months ag(...)

The pandemic’s impact has eclipsed problems – including an income squeeze from low interest rates, concerns over Brexit and a dysfunctional housing market – that had long had Irish bank shares trading at a discount to European peers.  Photograph: Nick Bradshaw

On Saturday, March 14th, two days after Taoiseach Leo Varadkar announced the closure of schools and called for outdoor mass gatherings to be cancelled(...)

AIB has €6.6 billion of loans out to business sectors hit directly or highly exposed to Covid-19.

Much of the €210 million loan impairment provisions AIB took in the first quarter of the year was down to it taking a big picture view. This view invo(...)

 KBC Group CEO Johan Thijs: ‘What is still an annoying thing is all the tracker mortgage stuff and, honestly, we would recommend to Central Bank of Ireland: come on, guys, turn the page.’ Photograph:  Brenda Fitzsimons

The dreaded B-word hovered malevolently over the banking sector, like most areas of Irish economic and political life, in 2019. Fears over the impact(...)

AIB deputy chairperson Catherine Woods said the bank’s efforts to attract and retain staff were partly depended on its “ability to compete with the reumuneration practices of other employers”.

AIB’s deputy chairperson Catherine Woods told shareholders at the group’s annual general meeting on Wednesday that ongoing pay restrictions and a ban (...)

AIB’s net loans grew by €900 million to €60.9 billion during the year

AIB, which reported a dip in profits for last year on Friday, has indicated that the 1,400-strong workforce in its loan-restructuring unit could be ta(...)

New Zealand’s Prime Minister Jacinda Ardern smiles as she attends the World Economic Forum in Davos last month. Her government has announced plans to tax revenue earned by tech giants like Google, Facebook and Amazon. Photograph: REUTERS/Arnd Wiegmann/File Photo

AIB is understood to have selected Donal Galvin as its next chief financial officer, as the bank prepares to announce a planned dividend hike next wee(...)

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