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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. It offers life assurance and pensions ...
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 ...
Background. During the second half of the 1995–2007 'Celtic Tiger' period of growth, the international bond borrowings of the six main Irish banks—Bank of Ireland, Allied Irish Banks, Anglo Irish Bank, Irish Life & Permanent, Irish Nationwide Building Society and Educational Building Society—grew from less than €16 billion in 2003 to approximately €100 billion (well over half of ...
Defunct banks. ACC Bank; Anglo Irish Bank – in July 2011, merged with the Irish Nationwide Building Society, forming a new company named the Irish Bank Resolution Corporation, itself dissolved in February 2013 under special liquidation following its recapitalisation and directive of Minister for Finance under powers from Credit Institutions ...
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.
First Trust Bank is a subsidiary of the Allied Irish Banks (AIB). AIB was originally formed in 1966 from a merger of a group of smaller banks. Following this merger, banknotes issued by the Provincial Bank of Ireland were reissued with the Allied Irish Banks name.
AIB Group (UK) p.l.c. is a subsidiary of Allied Irish Banks. It is registered in Northern Ireland. Regulated by the Financial Services Authority, it serves as the legal entity for the United Kingdom banking division of the group. It trades under two names: Allied Irish Bank (GB) in Great Britain, where it is primarily a business bank.
The market for the provision of financial services within the Republic of Ireland is dominated by the two large banking groups Allied Irish Banks and Bank of Ireland. However competition from domestic, overseas and internet providers ensures consumer choice.
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