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Website. aib .ie. Allied Irish Banks, p.l.c. ( Irish: Bainc-Aontas Éireann) is one of the so-called Big Four commercial banks in the Republic of Ireland. AIB offers a full range of personal, business and corporate banking services. The bank also offers a range of general insurance products such as home, travel and car.
Allied Irish Bank (GB) offers a full range of business banking services, delivered online and through 21 branches in Great Britain. The bank is authorised by the Prudential Regulation Authority and regulated by both the Financial Conduct Authority and the Prudential Regulation Authority. It is covered by the Financial Services Compensation Scheme.
AIB (NI) (formerly known as First Trust Bank) is a commercial bank in Northern Ireland that is part of Allied Irish Banks 's UK subsidiary AIB Group (UK) plc. It is one of the Big Four banks in Ireland. The bank was created in 1991 when TSB Northern Ireland merged with the AIB Group's other interests. The bank can trace its existence back to ...
The post-2008 Irish banking crisis was when a number of Irish financial institutions faced almost imminent collapse due to insolvency during the Great Recession. In response, the Irish government instigated a €64 billion bank bailout. This then led to a number of unexpected revelations about the business affairs of some banks and business people.
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Returning to Ireland in 2011, Duffy was appointed CEO of Allied Irish Banks (AIB Group plc), one of the largest retail and commercial banks in Ireland. Duffy was pivotal in the turnaround of AIB, returning it to a profit making institution after its bail-out by the Irish government. Duffy joined Clydesdale Bank in June 2015 as CEO.
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