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Sunday 3 December 2023 Dublin: 0°C


Last month
November 2023
Jacinda Ardern on death threats, climate change and why social media is like alcohol
The former Prime Minister of New Zealand was speaking at a conference in Dublin today.
State intends to continue the reduction of its stake in AIB, dropping it to 40%
The state is going to sell 5% of its shares in the bank, finance minister Michael McGrath announced.
This year
Savers with AIB, Avant Money and State Savings to get increased deposit rates
Irish banks have been under pressure to do more to pass interest rate hikes on to savers, rather than mortgage borrowers.
AIB apologises for letters to mortgage holders raising repayments
Some mortgage holders were told they were under-charged on their mortgage when they were with Ulster Bank and that their payments would increase.
BOI and AIB have made €1 billion this year. Is it time to revisit the decision to privatise them?
A report by
Paul O'Donoghue
The State has been an uneasy shareholder ever since the taxpayer-funded bailout during the financial crisis.
AIB Group increases mortgage rates in response to ECB hikes
Fixed rates will increase by between 0.15% and 0.70%, effective from tomorrow
State sells 5% stake in AIB, bringing its share below 50% for the first time since 2008 crash
Minister McGrath said the offer had received “significant demand from a large number of international and institutional investors.”
Double bills and incorrect discounts as energy suppliers apologise for payment errors
Customers reported issues with the services yesterday.
Over 80 people have received debt write-downs of more than €1 million from AIB since 2015
AIB denied having a ‘special’ debt write-down policy for high-profile people.
AIB insists 'no special deals' for nearly 2,000 customers who received 90% debt write-down
The Oireachtas Finance Committee has questioned AIB on its policy on debt write-downs.
AIB execs agree to face TDs next week to answer questions about controversial debt write-downs
The bank will attend a public meeting on Thursday, 2 March.
Fine Gael calls for AIB to appear before committee over writedown of DJ Carey debt
It has been reprted that the former hurler and businessman had a debt of over €9.5 million written down to €60,000.
AIB says technical issue resolved after customers report difficulties accessing online banking
The bank had said some customers were “experiencing intermittent technical issues with our mobile app and internet banking”.
Last year
Restoring bankers bonuses and removing pay caps an 'insult' to working families, Dáil hears
The decision was criticised by Social Democrats co-leader Róisín Shortall.
AIB welcomes Donohoe's decision to sell 8% of State shares
Finance Minister Paschal Donohoe said that the State’s shareholding in AIB has been reduced from 62% to 57%.
State to sell off further 8% stake in AIB, Donohoe announces
The State’s shareholding in AIB will reduce from 62% to 57%.
AIB announces 0.5% increase on new fixed mortgage rates
It follows a decision by the European Central Bank to raise its interest rates.
AIB says scrapped plan to turn 70 branches cashless was a 'genuine' future-proofing effort
The bank is appearing before a Committee to ‘clearly explain’ its now scrapped decision to turn 70 branches into cashless outlets.
'They were so convincing': RTÉ journalist details ‘very sophisticated’ scam that drained his savings
The fraudsters spoofed AIB phone numbers to make the scam appear legitimate.
AIB apologises to customers over binned cashless branch strategy
The bank contacted account holders across Ireland today to confirm that cash services won’t be withdrawn from 70 branches.
Cash is crucial to victims of domestic abuse or coercive control, says Women's Aid
AIB this week said its plan to go cashless in 70 branches was a ‘mistake’.
'We got it wrong, we made a mistake': AIB not planning to return to cashless branch strategy
The bank was pushed to reverse its decision after widespread criticism from the public and politicians.
TD calls for Oireachtas Committee to meet to 'establish who knew what and when' about AIB plans
It follows a report in the Irish Independent this morning that the Department of Finance knew about AIB’s plans in advance.
Politicians declare victory for ‘people power’ after AIB u-turn on withdrawing cash services
After days of outcry, the bank said it wouldn’t be withdrawing cash services from 70 branches.
AIB says it 'will not proceed' with plans to make 70 branches cashless in wake of massive backlash
The bank confirmed the news in a statement this afternoon.
The bank said it would not be proceeding with the move due to "customer and public unease".
The decision has been welcomed by Minister for Finance Paschal Donohoe and the Irish League of Credit Unions.
The statement came as three Rural Independent Group TDs demanded to speak with the bank's CEO at AIB HQ this morning.
AIB to appear before Finance Committee over decision to go cashless at 70 branches
AIB should 'reconsider' decision to make 70 branches cashless, says Taoiseach
AIB to appear before Finance Committee over decision to go cashless at 70 branches
Fianna Fáil’s John McGuinness said that the provisional date for their appearance was 3 August.
AIB should 'reconsider' decision to make 70 branches cashless, says Taoiseach
The branches will no longer offer cash or cheque services and if they have an ATM outside, it will be removed.
Leitrim club call for GAA to drop AIB as sponsors unless 'attack on small town Ireland' is reversed
The bank yesterday announced plans to go entirely cashless at 70 of its branches around the country later this year.
AIB set to remove cash and cheque services from 70 branches starting in September
36 branches will change on 30 September while the remaining 34 will change on 21 October.
AIB and EBS hit with fines totalling almost €100 million over tracker mortgage scandal
AIB received a record fine of €83.3 million while EBS received a fine of €13.4 million.
Ulster Bank to sell €6 billion mortgage portfolio to AIB
Ulster Bank and KBC are both in the process of exiting the Irish market.
Competition authority launches full probe into Permanent TSB's €7.6 billion Ulster Bank deal
The investigation will determine whether the proposed acquisition could lead to a substantial lessening of competition in the State.
Flurry of announcements caps off noteworthy week for Irish banks and their customers
Stakeholders say the industry is staring down the barrel of one of the biggest logistical challenges in its history.
AIB cleared to acquire €4.2 billion Ulster Bank loan porfolio
Ulster Bank is set to withdraw all of its banking services from Ireland.
Banks 'ill-prepared for the biggest logistical challenge in Irish banking since the euro'
A report by
Ian Curran
Concerns have been raised that the exits of Ulster Bank and KBC Bank could be “the perfect storm” for the remaining banks.
Concerns have been raised that the exits of Ulster Bank and KBC Bank could be "the perfect storm" for the remaining banks.
Over one million customers will have to choose a new provider and switch over their current accounts.
But the Financial Services Union believes significant customer service issues are likely to arise, Ian Curran reports.
Is your bank exiting the market? Take action soon, experts say. Here's what you need to know
AIB returns to profit as discussions underway to buy back some State shares
The bank will pay out €213 million to shareholders, including the State.
All time
Competition watchdog to fully investigate AIB and Ulster Bank loan book deal
The CPCC has decided to investigate whether the deal could substantially lessen competition in Ireland
State to sell 15% chunk of its AIB stake over the next six months, Donohoe announces
The plan is similar to the one used by the Government to sell part of its remaining bailout-era stake in Bank of Ireland.
Sean FitzPatrick remembered by family as a ‘giant of a man’
The former chief executive and chairman of Anglo Irish Bank died at the age of 73 last Monday after a short illness.
Anglo's collapse has had an outsized impact on Irish life and so will Seán FitzPatrick's legacy
The former chairman of the collapsed bank never felt he had anything to apologise for.