Thursday February 20, 2020

AIB has a narrow opening for a big bet

State-owned lender wants to go private as soon as new government and market conditions allow

Ian Guider

Markets Editor

@ianguider
6th March, 2016
Bernard Byrne, AIB chief executive, and chief financial officer Mark Bourke announcing the bank’s results last Thursday Picture: Shane O’Neill

Asmall window of opportunity. That is what the top brass at AIB are hoping will open up this year to allow the government, whatever shape and hue it takes, to finally make a stab at returning the bank to private ownership.

As AIB announced a leap in profits for 2015, up by nearly three-quarters to €1.9 billion, it was increasingly likely that the sale of some of the government’s 99 per cent stake in the...

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