News Formal

AIB and Great-West Lifeco inject €250m into new joint venture business AIB Life

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The new company will offer a range of life protection, pension and investment products exclusively to AIB’s more than 3 million customers in Ireland

AIB Life, a joint venture business between AIB and Canadian firm Great-West Lifeco, officially launched on Tuesday with both partners injecting €250 million into the new entity.

The new business, which will offer life protection, pension and investment products to the Irish market, will create 100 new jobs across a range of roles, including customer service, technology, finance, compliance, risk and actuary. AIB Life will be located out of two primary locations, AIB’s Central Park ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AIB Life joint venture launches, backed by investment of €250mOriginal figure stood at €180 million when venture was announced two years ago via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »