Allied Irish Banks
# allied-irish-banks - Wednesday 24 April, 2013
Check out this ad that was shot entirely on an iPhone 5
The 30-second ad was shot by Dublin based advertising agency Rothco.
AIB, EBS and Haven variable rate mortgages to increase from June
The rate increases vary from 0.25 per cent to 0.4 per cent.
# allied-irish-banks - Wednesday 27 March, 2013
AIB recorded pre-tax loss of €3.8 billion in 2012
AIB’s chief executive David Duffy – who the report shows was paid €546,000 last year – said that assisting mortgage customers in difficulty would be a “major priority for this year”.
# allied-irish-banks - Saturday 9 March, 2013
Doherty condemns AIB use of non-disclosure agreement for mortgage deals
Buy-to-let borrowers signing the agreement are requested not to disclose any details of negotiations with the bank, including the fact that they are happening.
# allied-irish-banks - Thursday 3 January, 2013
Ulster Bank the latest to announce branch closures
The bank looks set to close 20 branches across the island of Ireland in the coming weeks.
# allied-irish-banks - Friday 28 December, 2012
In last bondholder payment of 2012, BoI pays out nearly €40 million
The only one of Ireland’s main banks not under State control makes the final payment to bondholders today bringing to over €20 billion the amount paid out by it and other banks this year.
# allied-irish-banks - Wednesday 12 December, 2012
EU approves six-month extension of Ireland’s bank guarantee
The approval is seen as routine and may be the last extension, with the possibility of a withdrawal early next year.
# allied-irish-banks - Saturday 8 December, 2012
Shatter welcomes AIB comments on mortgage write-offs
The Justice Minister has said that the personal insolvency bill will be enacted through both Oireachtas houses by 20 December and will become operative next year.
# allied-irish-banks - Wednesday 7 November, 2012
Taoiseach welcomes cut to ex-AIB chief’s pension
Kenny added that the taxation of pensions will be dealt with in the Budget for 2013.
# allied-irish-banks - Tuesday 6 November, 2012
AIB chief executive asks senior executives to give up pensions
Enda Kenny says the AIB chief has written to former executives, asking them to recall their ‘moral responsibility’.
# allied-irish-banks - Tuesday 9 October, 2012
Banks repay €3.3 billion in fees from State guarantee schemes
New figures show the seven banks covered by the State’s guarantees have returned €3.36 billion so far.
# allied-irish-banks - Monday 8 October, 2012
Central Bank names six banks which missold PPI to ineligible customers
A seventh institution asked not to be named by the regulator.
# allied-irish-banks - Thursday 4 October, 2012
Noonan: There is no way of verifying who AIB bondholders are
Finance Minister Michael Noonan has said that an attempt to verify exactly who the bondholders who received €1 billion this week are would be an “irretrievable” step towards default.
# allied-irish-banks - Monday 1 October, 2012
GALLERY: Protestors occupy AIB branches over €1 billion bond repayment
Sinn Féin protested at AIB’s O’Connell St branch – while the Occupy movement moved into Grafton St – to protest the move.
AIB repays €1 billion to unsecured bondholders today
More than €18 billion has been repaid to bondholders by state-owned Irish banks this year.
# allied-irish-banks - Tuesday 4 September, 2012
Infographic: How much have the Irish put into their banks?
As this image reveals, quite a bit.
# allied-irish-banks - Thursday 9 August, 2012
AIB apologises for misreporting of customer loan repayment data
Personal customer reports provided by the bank to the Irish Credit Bureau misrepresented information on missed loan repayments.
# allied-irish-banks - Friday 27 July, 2012
AIB confirms branch closures as operating loss cut by 64 per cent
Bank also announced a 0.5 per cent increase in its Standard Variable mortgage rate.
# allied-irish-banks - Thursday 5 July, 2012
Passing ECB cut on to customers a ‘commercial decision for each bank’ – Dept of Finance
Tracker mortgage customers will see their rate adjusted as per the ECB change – but what about other mortgage holders?
# allied-irish-banks - Thursday 14 June, 2012
The 5 at 5: Thursday
5 minutes, 5 stories, 5 o’clock.
# allied-irish-banks - Friday 27 April, 2012
Around 11,500 AIB credit card customers to be refunded over €3.1m
Ireland’s biggest bank has apologised for overcharging customers who could now be entitled to refunds averaging €270 per customer.
# allied-irish-banks - Friday 30 March, 2012
AIB reports losses of €2.3 billion for last year
The bank’s annual financial report has been released this morning, revealing a growing number of bad mortgage debts.
# allied-irish-banks - Saturday 3 March, 2012
AIB still paying millions for staff gym and golf club fees Exclusive
The bank – which is 99.8 per cent owned by the taxpayer – still pays fees for thousands of staff, despite a State ban on bonuses.
# allied-irish-banks - Wednesday 22 February, 2012
AIB to donate 39 major artworks to the State
The bank will also make almost one thousand pieces of art available to be used for public exhibition.
# allied-irish-banks - Thursday 8 December, 2011
Good news: AIB, BoI and IL&P banks pass latest round of stress tests
The results were widely expected and indicate that Michael Noonan’s restructuring of the banking system is working in this regard.
AIB will not pass on ECB’s 0.25pc cut to mortgage customers
AIB says its funding costs are not driven by the ECB’s own rates – and that it needs to ensure it makes money for the taxpayer.
# allied-irish-banks - Monday 21 November, 2011
AIB sells asset management wing to South African finance company
Prescient Holdings has acquired AIB Investment Managers for an undisclosed sum in a deal subject to regulatory approval.
# allied-irish-banks - Wednesday 9 November, 2011
AIB to sign up to government’s ‘mortgage to rent’ scheme
State-controlled AIB will participate in the Keane Report’s suggestion allowing struggling mortgage holders to rent their homes.
# allied-irish-banks - Thursday 27 October, 2011
New initiative will make applying for credit ‘easier’ for businesses
The new Standardised SME Lending Application Form, adopted by AIB and Bank of Ireland, will help businesses to identify exactly what is required of them when applying for credit, says the Minister for Small Business
# allied-irish-banks - Sunday 25 September, 2011
AIB seeks to pay new CEO salary above €500,000 threshold
Minister for Finance Michael Noonan has confirmed that the bank wants to pay a new CEO above the salary cap introduced by the last government.
# allied-irish-banks - Thursday 22 September, 2011
AIB launches phone-friendly banking site, with apps to come
AIB has unveiled a mobile-friendly version of its Internet Banking site, with Android and iPhone apps to be launched shortly.
# allied-irish-banks - Monday 22 August, 2011
US Fed gave Irish banks €8bn in emergency loans
Data compiled by Bloomberg shows that Ireland’s banks got emergency loans from the US while being capitalised back home.
# allied-irish-banks - Tuesday 26 July, 2011
Poll: Should the State abolish the cap on bankers’ pay?
Matthew Elderfield says the pay cap is making it tough to get the best talent. Should we consider lifting it?
# allied-irish-banks - Monday 25 July, 2011
AIB posts €2.6bn loss for first six months of 2011
AIB loses €5bn in deposits in between January and June, but made €2.2bn with public help and the sale of its Polish arm.
# allied-irish-banks - Thursday 23 June, 2011
Bank of Ireland deal knocks €2bn off taxpayer’s bill
The savings mean the taxpayer will have to give the bank less cash to keep it afloat.
# allied-irish-banks - Tuesday 14 June, 2011
AIB saves taxpayer €1.6bn by burning junior bondholders
Preliminary results of AIB’s burden-sharing exercise, largely cleared by the courts last week, are positive for the public.
# allied-irish-banks - Monday 13 June, 2011
AIB has defaulted: the official verdict of a global banking group
The International Swaps and Derivatives Association says AIB’s plans for burden-sharing are tantamount to a default.
# allied-irish-banks - Wednesday 8 June, 2011
€7.3bn: the cost of bailing out unguaranteed bank bondholders so far
While most of the banks’ liabilities are covered by the government guarantee, we’ve been footing the bill for other bonds.
# allied-irish-banks - Thursday 26 May, 2011
€1: The price AIB will pay to take over EBS Building Society
The merger will be completed by July 1, but EBS will retain its own brand after AIB buys its shares for the price of €1.
# allied-irish-banks - Wednesday 27 April, 2011
Column: Nick Leeson on why bankers’ bonuses are a red herring
In his latest weekly column for TheJournal.ie, Nick Leeson writes that bankers’ bonuses awarded during the economic crisis are not contractual should be refunded – but warns against believing bonus culture itself is the whole problem.
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