Allied Irish Banks plc (AIB) was established in 1966 as a merger of 3 Irish banks: Munster and Leinster Bank, the Provincial Bank of Ireland and the Royal Bank of Ireland. During the financial crisis of 2007-2008, AIB was highly affected by deterioration in domestic economic conditions and real estate values and had to accept financial aid from the Irish Government and to dispose its shares in several of its subsidiaries. AIB mainly operates in Ireland and the United Kingdom providing a range of banking products and services to personal, business and corporate customers.
Allied Irish Banks, Plc is the 2nd largest bank in Ireland in terms of total assets. In 2018 its total assets were 91 541,00 mln EUR. In 2018 the bank's net income was 1 096,00 mln EUR.
Allied Irish Banks, Plc is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB- (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa1 (lower medium grade).
Allied Irish Banks, Plc participates in the deposit guarantee scheme of Ireland. This deposit guarantee scheme applies to any credit balance on an account with a bank made by natural persons, small companies and covers up to up to 100,000 EUR per bank per depositor. Allied Irish Banks, Plc is a member of Irish Deposit Protection Scheme and makes its contributions into it.
Allied Irish Banks, Plc is a member of Allied Irish Banks (Ireland).
Allied Irish Banks, Plc is headquartered in Dublin.