AIB could exceed mortgage restructuring targets - chairman

AIB will meet or exceed central bank targets for restructuring soured mortgages, the bank’s chairman David Hodgkinson has told its annual general meeting this morning.

20th June, 2013
About 1,000 AIB staff have been committed to assisting troubled small and medium enterprises, its AGM heard.

AIB will meet or exceed central bank targets for restructuring soured mortgages, the bank’s chairman David

Hodgkinson has told its annual general meeting this morning.

Hodgkinson said that the state-owned bank is still targeting a return to operating profit after loan losses this year before posting net income next year. AIB last posted net income in 2008.

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