AIB sees profits return as impairments fall
UPDATE: AIB returned to profitability in the first half of the year as the number of impaired loans that it is dealing with fell, it said.
AIB returned to profitability in the first half of the year as the number of impaired loans that it is dealing with fell, it said.
The bank's share price jumped more than 10 per cent in early trading as financial results for the first half of this year showed a profit before tax from continuing operations of €437 million, a €1.3 billion improvement in performance compared to the losses it experienced in the same period of 2013.
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