AIB Group PLC - Dublin-based bank - Reports surging interim profit as it benefits from net credit impairment writeback. Pretax profit in the half-year to June 30 grows 84% to EUR537 million from EUR291 million a year ago. Posts net credit impairment writeback of EUR309 million, tripled from EUR103 million. Read More
(Alliance News) - AIB Group PLC said it will scrap plans to make 70 of its 170 branches cashless after members of the public, various organisations and politicians criticised the plan. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - Irish premier Micheal Martin has called on AIB Group PLC to "reconsider" its plan to remove cash services from 70 branches across Ireland, as Sinn Fein called for the Finance Minister to comment on the issue. Read More
(Alliance News) - The Irish government on Tuesday confirmed that it has reduced its holding in AIB Group PLC, but remains a majority shareholder following the taxpayer bailout of the Dublin-based bank conducted more than a decade ago. Read More
(Alliance News) - The Irish government on Tuesday confirmed it has reduced its stake in AIB Group, though it still retains a majority holding following the taxpayer bailout of the Dublin-based bank during the financial crisis over a decade ago. Read More
(Alliance News) - Stock prices in London are seen opening higher on Tuesday following positive trading in Asian equity markets overnight, as a European Central Bank-led forum in Portugal continues. Read More
(Alliance News) - The Irish state on Monday said it plans to sell a 5.0% stake in AIB Group PLC via a placing. Read More
AIB Group PLC - Dublin-based bank - share trading plan is extended by the Irish Department of Finance. The plan will end on January 24, 2023 now, unless further extended. It aims to reduce the Irish government's investment in AIB and improve the liquidity in its shares. The average share price achieved to date is EUR2.32 and the proceeds amount to EUR161 million. The state's holding is currently down to 68% from 71%. Read More
(Alliance News) - Dublin-based bank AIB Group PLC has agreed to pay almost EUR100 million in fines on Thursday, after the Central Bank of Ireland concluded its investigation into the firm's tracker mortgages. Read More
(Alliance News) - AIB Group PLC on Tuesday said it will sell a non-performing loan portfolio to Irish credit manager Everyday Finance DAC for around EUR400 million in cash. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
AIB Group PLC - Dublin-based bank - Acquires Irish tracker mortgage portfolio from NatWest Group PLC for EUR5.4 billion as state-backed lender moves towards completing its exit from Ireland. AIB says the loans were worth EUR5.7 billion and would add 47,000 customers to the bank. The mortgages will be administered by a third party service provider and are expected to be accretive to earnings in 2023, AIB adds. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - Foresight Group Holdings Ltd said on Monday it has been appointed by Irish financial services provider AIB Group PLC to manage a new small and medium-sized enterprise equity fund. Read More
(Alliance News) - AIB Group PLC on Thursday reported a first quarter total income rise and launched a EUR91 million buyback, which will also see the Dublin-based lender repurchase its own shares from the Irish government. Read More
(Alliance News) - NatWest Group PLC on Friday reported a strong rise in profit in the first quarter as the bank boasted of its capital strength and said it is confident of securing income well above GBP11.00 billion in 2022 in its core operations. Read More
(Alliance News) - Stock prices in London are seen opening higher on Friday, making a confident end to a tricky month for markets, which have faced Covid-19 worries in China, alongside rampant inflation and central bank monetary tightening in response. Read More