May 23, 2017 8:03 AM ET

Banks

Company Overview of AIB Group (UK) p.l.c.

Company Overview

AIB Group (UK) p.l.c. provides business, corporate, private, and personal banking services to businesses, professional practices, charities, and the public sector in the United Kingdom and internationally. Its business banking products and services include treasury and fixed, and branch based instant access and notice accounts; working capital, capital expenditure, development project, and expansion finance; and treasury, merchant, financial advisory, and cash management services, as well as saving and funding options. The company’s corporate banking products include working capital, capital expenditure, development project, expansion, and acquisition finance for various industry sectors, in...

St Helen's

1 Undershaft

London,  EC3A 8AB

United Kingdom

Founded in 1966

Phone:

44 20 7647 3300

Fax:

44 28 9031 1788

Key Executives for AIB Group (UK) p.l.c.

Executive Chairman
Age: 66
Chief Executive Officer of AIB
Age: 47
Head of Non-Core UK
Head of Corporate & Commercial Banking and Managing Director
Age: 62
Compensation as of Fiscal Year 2016.

AIB Group (UK) p.l.c. Key Developments

AIB UK Reports Unaudited Earnings Results for the First Six Months Ended June 30, 2016

AIB UK reported unaudited earnings results for the first six months ended June 30, 2016. For the period, the company reported net interest income of £90 million against £104 million a year ago. Total operating income was £111 million against £140 million a year ago. Operating profit was EUR 81 million against EUR 118 million a year ago. Profit before taxation from continuing operations was EUR 84 million against EUR 120 million a year ago. Net interest income decreased due to lower income following a variable mortgage rate reduction and the disposal of a portfolio of loans of EUR 0.5 billion in the second half of 2015 partly offset by reduced funding costs.

Allied Irish Bank (GB) Appoints Billy Macleod as Regional Director, Scotland and North England

Allied Irish Bank (GB) has unveiled four new regional directors, including one for Scotland, under a drive to support business growth across the UK. Billy Macleod will be responsible for Scotland and north England, while regional bosses have also been appointed for north-west England, London and the Midlands. Prior to joining AIB (GB), Macleod was Clydesdale Bank's head of business development for the east coast of Scotland. He is a board member of West Lothian Chamber of Commerce.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 12, 2016
First Trust Financial Services Limited
 

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