AIB Group

94 results about this entity

Period: 10 Apr 2007 - 25 Jul 2024

/regulation

Major UK banks broke CMA rules

HSBC, Lloyds, TSB, and AIB have been rebuked by the UK's competition watchdog for failing to meet rules on providing customers with clear and up-to-date information.

/people

AIB appoints Barry Field as corporate affairs director

AIB has today announced changes to its Executive Committee to support the delivery of its new three-year strategy which places an enhanced focus on serving the bank’s 3.2 million customers, further greening of its loan book and driving greater operational efficiency. The bank is creating three new ExCo roles effective from February 1st. to help deliver these key priorities in line with its new strategy (2024-2026).

/payments

Irish banks ditch plans to build mobile payments app

Irish banks have abandoned plans to launch a mobile payments app in the face of regulatory holdups and a rapidly changing payments landscape.

/retail

AIB apologises for online banking glitch

Irish high street bank AIB has admitted to a glitch in its online banking service after it was highlighted by newspaper The Irish Independent.

/retail

UK's bank branch sharing project to be extended

A trial project involving bank branches shared by multiple institutions is set to be rolled out across the UK.

/payments

AIB makes u-turn on decision to scrap ATMs following backlash

In a media release circulated by Paddy McDonnell, head of media relations for AIB, the bank announced it will retain its 170-strong branch network and will not remove cash services from 70 of its branches - a reversal on its announcement earlier this week.

/retail

Ireland's AIB to scrap ATMs at 70 branches

Irish high street bank AIB is set to discontinue cash services at 70 of its branches in a move that has caused an outcry in rural Ireland.

/retail

Starling abandons plans to launch in Ireland

UK challenger bank Starling has decided not to pursue an Irish banking licence as it changes its plans for international expansion.

/sustainable

AIB and Foresight Group sustainable equity fund sets €75 million target

Ireland’s largest financial services provider, AIB, has appointed SME and sustainable infrastructure investment manager, Foresight Group, to manage a new SME equity fund, targeting €75 million. The fund will support businesses looking to accelerate Ireland’s low-carbon transition.

/cloud

AIB signs €65 million deal with IBM

Irish bank AIB has signed a €65 million, three-year deal with IBM to provide a clear pathway to a hybrid cloud technology environment.

/payments

Irish banks’ mobile payments plan hits roadblock

A payments app developed by Ireland’s high street banks to compete with digital banks has hit a snag after it was announced that the Competition and Consumer Protection Commission (CCPC) would launch an investigation.

/startups

Allica Bank buys AIB SME loan book

Challenger Allica Bank has boosted its profitability ambitions by agreeing to buy the £600 million British small business loan book of Allied Irish Bank.