AIB Falls Most in Four Months After New Mortgage Scandal Charge
- Lender makes additional $331 million provision for redress
- Irish banks have paid out nearly 700 million euros on scandal
The AIB logo sits at a branch in Dublin.
Photographer: Crispin Rodwell/Bloomberg
This article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
AIB Group Plc fell the most since September after the Irish bank more than doubled a provision to cover costs tied to a mortgage overcharging scandal, setting aside an additional 300 million euros ($331 million).