AIB recorded a strong performance in the third quarter of the year, growing its income and loan book as the bank continued to build on the momentum seen in the first half of 2024.
AIB’s loan book rose 5 per cent over the period, increasing to €70.4 billion, and the bank upgraded growth guidance for the year to between 5 and 6 per cent. New lending was 17 per cent higher at €10 billion, with the bank noting positive trends in personal lending and mortgages. Some 35 per cent of new lending was categorised as “green” lending.
At the end of September, AIB had €108 billion in customer accounts, up slightly from the €105 billion it held at the end of December 2023. However, the bank noted the flow of funds to term accounts had slowed in the third quarter of the year.
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.
Grant Thornton Ireland equity partners to get €6.5m each in US mergerSeen & Heard: Aer Lingus job cuts, State’s AIB share sales, Pfizer’s Irish subsidiaries and the creep of cashless payments
Read more »