AIB Group - News, Articles & Research

Company announcement/wholesale

AIB launches new 31 Day Notice Deposit account for business customers

Responding to a need among their business customers, AIB has launched a 31 Day Business Notice Deposit which is now available to all business customers at a variable rate of 1.5% AER (Annual Equivalent Rate). This new product meets an important need of business customers seeking a higher return with the flexibility to access funds by providing 31 days’ notice to withdraw.

27 September 2024

News/payments

AIB introduces voluntary gambling block

AIB is the latest bank to introduced a voluntary block feature on debit and credit card transactions linked to gambling.

27 August 2024

News/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.

25 July 2024

Company announcement/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).

19 January 2024

News/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.

15 November 2023

News/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.

30 October 2023

Event/cloud

On-Demand Webinar - Evolving the banking model: How banks can unlock value with novel tech

Watch our on-demand webinar with Worldline, as our panel of industry experts discuss what key catalysts are driving the evolution of traditional banking models.

Speakers from: AIB Group, RTGS Global, Worldline

18 October 2022 287

News/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.

06 September 2022

News/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.

22 July 2022

News/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.

20 July 2022

News/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.

19 July 2022

News/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.

09 May 2022