AIB reports "strong profitability" in the first quarter

The bank said new lending rose by 17%

24th May, 2016
AIB's net interest margin rose to 2.09 per cent in the first quarter from 1.97 per cent

AIB reported strong profitability, increased lending and reductions in impaired loans in the first quarter and said its net interest margin continued to improve.

In a trading update ahead of its annual meeting later today, the bank said its net interest margin rose to 2.09 per cent from 1.97 per cent last year and 2.02 per cent in the fourth quarter, with the upward trajectory in...

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