January 27, 2015 8:49 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 Ireland 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, including hot...

4 Queens Square

Belfast,  BT1 3DJ

United Kingdom

Founded in 1966

Phone:

44 28 9024 2423

Fax:

44 28 9023 5480

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

Executive Chairman and Chairman of Nomination & Corporate Governance Committee
Age: 64
Chief Financial officer and Director of Personal & Business Banking
Age: 46
Head of Non-Core UK
Head of Corporate & Commercial Banking and Managing Director
Age: 60
Company Secretary
Compensation as of Fiscal Year 2014.

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

AIB UK Reports Earnings Results for the Half Year Ended June 30, 2013

AIB UK reported earnings results for the half year ended June 30, 2013. For the period, the company reported net interest income of €60 million against €39 million for the same period a year ago. Total operating income was €87 million against €66 million for the same period a year ago. Operating profit before provisions was €18 million against operating loss before provisions of €18 million for the same period a year ago. Operating profit was €4 million against operating loss of €65 million for the same period a year ago. Profit before exceptional items was €5 million against loss before exceptional items of €79 million for the same period a year ago.

First Trust Bank Confirms to Close Six Branches in Northern Ireland by June 2013

First Trust Bank (AIB Group (UK) p.l.c.) has confirmed that it will close six branches in Northern Ireland by June 2013. Staff at the branches are to be offered other positions or voluntary severance. There will be no forced redundancies. Branches at Belfast's Cregagh Road, Ballyclare and Limavady are due to close in May followed by Larne, Holywood and Fortwilliam, also Belfast. The bank announced that there would be no changes to account numbers or sort codes and customers affected by the closures will be transferred to the nearest branch.

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