AIB fined a record €83.3m for its role in tracker scandal

Bank’s EBS subsidiary sanctioned a further €13.4m after almost 13,000 customers were wrongly denied cheap tracker mortgages

AIB has admitted to 57 separate regulatory breaches, the Central Bank said this morning. Picture: Leah Farrell/

AIB has been fined a record €83.3 million for its role in the tracker mortgage scandal while its EBS subsidiary has been hit with a further sanction of €13.4 million.

The Central Bank of Ireland this morning slapped AIB with the fine for consumer protection breaches relating to tracker mortgages, after it completed its five-year tracker investigation into the lender.

The punishment was handed down after almost 13,000 AIB and EBS customers were wrongly denied ...