AIB won't cut mortgage rates

UPDATE: AIB said it did not plan to reduce its variable mortgage rates after the European Central Bank cut its rate by 0.25 points last week.

9th November, 2011
AIB won't cut mortgage rates
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AIB said it did not plan to reduce its variable mortgage rates after the European Central Bank cut its rate by 0.25 points last week.

In an emailed statement the bank said that the decision reflected the fact that AIB did not increase rates in April and July when the ECB did.

The bank said this typically means that an AIB customer on a standard variable or loan to value rate mortgage has already saved between...

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