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Rating of AIB's Polish subsidiary cut
The Polish subsidiary of Allied Irish Banks , Bank Zachodni WBK SA, saw its shares fall this morning after Fitch Ratings lowered its debt outlook for the Polish bank and the stock was downgraded by UniCredit ...
ISEQ down 5.28pc as banks free-fall
It is shaping up to be another day of carnage on the Dublin market with the ISEQ down 5.28pc as banks again went in to free-fall after a downgrade for AIB and continued fears over the future for top US ...
Outlook for AIB is hit by fear of loan losses
FITCH Ratings cut its outlook for Allied Irish Banks ' credit rating to 'negative' from 'stable' yesterday over increasing fears the bank's bad loan losses will rise as the economy deteriorates.
Gloomy forecast at AIB as bad debt losses soar
Irish banking stocks were largely lower yesterday as Davy, Goodbody Stockbrokers and Merrill Lynch each reduced forecasts for the sector amid slowing loan growth and rising bad debts.
AIB's Jersey chief sacked from his role in waterfront enterprise board
THE chairman of Allied Irish Banks in the Channel Islands has been sacked from his position as chairman of Jersey's Waterfront Enterprise Board over his role in a property project involving Harcourt ...
Allied Irish Banks, p.l.c. - SWOT Analysis - New Research Report on Companies and Markets
The report examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
Northern Trust Casts NETS Over Celtic Tiger
Northern Trust has launched the first ETF to offer exposure to Ireland: NETS ISEQ 20 Index Fund .
Fraud-hit bank puts bill at 483 million
ALLIED Irish Bank, which two weeks ago stunned investors with news of a huge suspected currency fraud at its US operations, today said it had finalised its losses from the debacle at A 483 million.
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Estimates cut for AIB's Polish unit
Bank Zachodni WBK SA, the Polish subsidiary of Allied Irish Banks fell in Warsaw trading this morning after Raiffeisen Centrobank AG cut its price estimates for the Polish financial institution.
Fitch Rates Illinois Fin Auth, VRD Rev Rfdg Bnds, Ser 08B (Swedish Covenant Hosp) 'AA-/F1+'
The Bank is obligated to make payments of principal and interest when due, as well as the purchase price for tendered bonds.
ISEQ falls again as Anglo Irish slumps
The Dublin market sank deeper in to the red this morning with Anglo Irish taking over from Bank of Ireland as the main faller.
AIB Extends Finantix Partnership With Wealth Management Signing
Finantix, a global provider of component-based, front-office solutions, today announced that Allied Irish Banks , the leading banking and financial services group in Ireland, has selected Finantix to support ...
Earnings Watch: Updates, advisories and surprises
Yingli Green Energy said first-quarter net income rose to $31.9 million, or 25 cents a U.S.-listed share, from $1.2 million. via MarketWatch
BoI spends 30m on five new branches in network upgrade
“We're looking to follow the population and business trends”
Bank of Ireland is spending 30m adding five new branches and extending and refurbishing existing outlets in Dublin . via Irish Independent
Profit at AIB's Polish unit down 6.7%
Bank Zachodni WBK SA, the Polish unit of Allied Irish Banks, said first-quarter profit declined 6.7 per cent after costs and provisions increased. via Ireland.com
Gleeson confirms AIB's 2008 targets
“In common with other banks, however, the actual outcome could be affected by highly volatile conditions and their potential effect on our business, funding and the market value of our assets”
Allied Irish Banks is still targeting a low single-digit percentage increase in 2008 adjusted earnings per share, chairman Dermot Gleeson told shareholders at the company's annual meeting in Dublin today. via The Irish Times
Markets: Surge tempered by CPL warning
Irish shares surged yesterday as investors globally were cheered by better-than-expected figures from Intel and JP Morgan. via Irish Independent
Hibernian to enter health insurance with planned acquisition of VIVAS Health
Hibernian Group plc , Ireland's largest insurer, today announced its planned entry into the Irish health insurance market following its agreement to acquire the majority shareholding in VIVAS Group Ltd. via Waterford Today