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Mon 30 Nov 2009
Irish banking group Allied Irish Banks has confirmed its participation in the Irish government’s asset acquisition programme.
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Wed 18 Nov 2009
Allied Irish Banks' bad debt situation has deteriorated further with the bank now suggesting the impairment write-down on its loans being shunted into the Irish toxic asset insurance scheme (NAMA) may top the government's original estimate of 30%.
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Tue 20 Oct 2009
Nomura Securities is prepared to take a chance on the battered Irish banking sector on the assumption that the government’s proposals for its bail-out vehicle, the National Asset Management Agency (NAMA), do not undergo significant changes before implementation.
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Fri 14 Aug 2009
Allied Irish Bank confirmed it has received interest from a third party to take a minority stake in the Irish bank.
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Wed 05 Aug 2009
Allied Irish Bank swung into pre-tax losses for the year and said it expects the operating environment to remain “extremely difficult” in 2009.
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Mon 11 May 2009
Allied Irish warned bad debt provision charges will increase in 2009 as it said profit has been good in the year to date and up on the same period last year.
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Mon 20 Apr 2009
Allied Irish Bank plans to increase its core tier 1 capital by a further €1.5bn before the end of 2009 on top of the €3.5bn to be injected by the Irish government.
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Thu 26 Mar 2009
The Serious Fraud Office and City of London Police have raided three properties in London as part of an investigation into an alleged £56m property loan fraud on Allied Irish Banks.
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Mon 02 Mar 2009
A €1.85bn charge for bad debts sent Allied Irish Banks profit tumbling last year with conditions in Ireland and elsewhere set set to get worse, it warned.
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Fri 13 Feb 2009
Two directors at Irish Life and Permanent have stepped down following controversy over the bancassurer’s role in providing deposits to now-nationalised Anglo Irish Bank.
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