AIB: a mirror on the Irish economy

More than anything, the AIB results reveal what a rising property market can do to the national balance sheet

David McWilliams
David McWilliams

AIB emerged from the “Munster & Leinster Bank” and for years it was dominated by men from Cork. There can hardly be a better place to write about AIB than from a small café in the pretty area of Cork known as Sunday’s Well. The unique Victorian and Georgian architecture echoes the mercantile past of the city, dominated as it was by the famous “Merchant Prince” families. Below me, the fast flowing river ...