Industry & Business

Tag "AIB"

AIB Announce Pre-Tax Profits of €1.7 Billion

    AIB Announce Pre-Tax Profits of €1.7 Billion

AIB announced annual pre-tax profits of €1.7 Billion and proposed a dividend of €250 million on Thursday. In a statement, AIB said that the profits were driven by strong sustainable business

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Global Coordinators Appointed to Sell AIB Shares

    Global Coordinators Appointed to Sell AIB Shares

Bank of America Merrill Lynch, Davy and Deutsche Bank were appointed as ‘Global Coordinators’ to assist in a potential future Initial Public Offering (IPO) of AIB, the Department of Finance

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AIB Loans More Than €300 Million to Irish Hotels in 2016

    AIB Loans More Than €300 Million to Irish Hotels in 2016

AIB announced on Tuesday, November 22, that it had approved over €300 million in loans to the hotel sector in 2016. AIB’s Head of Hospitality Owen Travers said that the

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State Prepares to Sell Shareholding of AIB

    State Prepares to Sell Shareholding of AIB

The Department of Finance announce on Thursday, November 17, that they have launched a competition to appoint investment banks to help coordinate in a potential Initial Public Offering (IPO) of

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Atlantic Bridge confirms €140m fund in European technology companies

Global Technology Fund Atlantic Bridge has launched a €140 million fund aimed at European technology companies with potential global market scalability. The Dublin-based company plans to invest in up to 20 European companies. The fund called

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Survey shows: 59% of medtech firms in Ireland increased sales in 2015

Ireland’s reputation as a major global hub for the medtech sector has grown in stature in recent years with 18 of the top 25 medtech companies in the world now operating

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AIB issues 500€ million of fixed rate

    AIB issues  500€ million of fixed rate

Allied Irish Banks, p.l.c. (AIB) today successfully agreed to issue €500 million fixed rate resettable T1 perpetual contingent temporary write-down securities. The coupon for the initial fixed rate period until December

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15 jobs for Ireland with IoT company Davra thanks to AIB funding

Dublin-based Davra, an internet of things (IoT) company has secured significant funding from AIB resulting in 15 jobs for Ireland. Davra received the funding from a variety of investors through the

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Strategic Banking Corporation of Ireland makes €50m available to SMEs

The Strategic Banking Corporation of Ireland (SBCI) is to make lending of €50m available to small and medium-sized businesses looking to buy equipment, machinery and vehicles. The money will be

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