Friday June 5, 2020

AIB's improvement, Kingspan warns on costs

This morning's company news as AIB gears up for flotation

27th April, 2017
Good start to 2017 for AIB. Pic: RollingNews.ie

Ahead of an expected flotation later this year, AIB has issued an update on its performance for the first quarter of the year which shows that its financial shape has improved.

AIB is 99 per cent state owned after it was bailed out with a €20 billion injection of state funds during the banking crisis.

The bank said it had had a good start to 2017, with operating profit and net interest income up compared with...

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