Date | Title | Description |
06.01.2025 | Mail Metrics expands UK presence with Adare SEC acquisition | Mail Metrics, a customer communications technology provider serving financial and regulated industries, has announced its acquisition of Adare SEC, a UK-based multi-channel communication management company.
This strategic move accelerates M... |
25.10.2024 | Powering Up: A New Grant for Struggling Businesses | In a move to bolster the struggling retail and hospitality sectors, the Irish government has launched the €4,000 Power Up Grant. This initiative, announced by Minister for Enterprise, Trade and Employment, Peter Burke TD, aims to provide mu... |
24.10.2024 | Enterprise Minister opens the €4,000 Power Up Grant portal | Minister for Enterprise, Trade and Employment, Peter Burke TD, has announced the opening of the Power Up grant, through an online portal accessible via the Department’s website.
Retail and Hospitality businesses who received the second ICOB... |
22.10.2024 | Government to make €4bn payment into the Future Ireland Fund | The Government is making the first in a series of annual payments into the Future Ireland Fund, which is designed to invest windfall revenues from multinational tax receipts.
€4bn is being transferred from the Exchequer into the fund, which... |
02.10.2024 | Budget 2025: A Mixed Bag for Business and Housing | The recent Budget 2025 has stirred a pot of mixed reactions. Business groups are raising their glasses, while the housing sector remains cautious. With a hefty €10.5 billion package on the table, the government is trying to strike a balance... |
01.10.2024 | Eight business wins in Budget 2025 | While the hospitality sector failed to see a VAT reduction materialise, business groups have found positives in a budget squarely aimed at voters ahead of the imminent general election.
The government announced €10.5bn in new tax, spending ... |
09.09.2024 | Open Banking: A New Dawn for Financial Innovation | The UK is at a pivotal moment in financial technology. Open banking is no longer just a buzzword; it’s a reality. The Competition and Markets Authority (CMA) has wrapped up its roadmap for open banking, marking a significant milestone. This... |
09.09.2024 | Open Banking Roadmap Ushers in New Era for FinTech Innovation | The UK has forged ahead on a major crossroads for open banking as the Competition and Markets Authority (CMA) announces it has completed its roadmap of the implementation of the financial technology.
All nine banking providers mandated by t... |
03.09.2024 | Empowering Small Businesses: A New Era of Support in Ireland | In the bustling landscape of Irish entrepreneurship, small businesses are the lifeblood. They pulse with innovation and creativity. Yet, they often struggle to find the resources they need to thrive. Recent initiatives signal a shift. They ... |
02.09.2024 | Limit on lending from Microfinance Ireland doubles | Legislation to double the amount of money the Microfinance Ireland (MFI) can lend to microenterprises has been published.
The publication of the new legislation will see MFI increase its lending limit from €25,000 to €50,000 for enterprises... |
24.05.2024 | Businesswomen of the Year celebrated at Network Cork awards | The Network Cork Businesswomen of the Year Awards were held at the Vienna Woods Hotel on Thursday night.
There were eight categories up for grabs for the nominees, with 45 businesswomen from across Cork City and County shortlisted.
The winn... |
01.05.2024 | Ireland becomes second EU state with no women leading listed companies | - |
22.04.2024 | Allica Bank reports first profitable year | SME challenger bank Allica has achieved its first full year of profit just three years since opening its doors to lending.
Allica, which offers a portfolio of lending, savings and investment products to SMEs typically neglected by larger ba... |
04.12.2023 | Boann Distillery get €5m AIB boost for expansion | AIB is providing €5m in finance to the family-run Boann Distillery to support its expansion plans in its distillery in Drogheda and its cream liqueur and bottling facility in Clonmel.
In 2024, Boann will complete a visitor centre at its sit... |
02.10.2023 | Manufacturing sector downturn resumes in September | There was a renewed downturn in the manufacturing sector last month as new orders fell at the fastest pace so far this year, according to the latest AIB Ireland manufacturing PMI.
Subdued global demand and customer destocking were cited as ... |
20.09.2023 | August consumer spending dampened by bad weather | Consumer spending increased slightly in August despite continued bad weather throughout the month, according to the latest AIB Spend Trend Study.
Overall spending rose 1% as Storms Antoni and Betty hit large swathes of the country along wit... |
05.09.2023 | Price of services continues to accelerate as input inflation falls to 28-month low | The services sector continues to grow strongly in August as it marked two-and-a-half years of monthly improvements, the latest AIB Ireland services PMI shows.
Resilient demand ensured growth was sustained throughout the month, although slig... |
01.08.2023 | Manufacturing sector contracts for fifth consecutive month | The manufacturing sector contracted at an accelerated pace in July, the fifth consecutive month that the industry has shrunk, according to the latest AIB manufacturing PMI.
Goods producers scaled back production at among the sharpest rates ... |
05.07.2023 | Services sector continues period of substantial growth in June | The Irish services sector continues to expand apace, with new business underpinning a substantial uplift in business activity last month, according to the latest AIB Ireland services PMI.
The index registered a reading of 56.8 in June, down... |
03.07.2023 | Manufacturing employment down as sector contracts for fourth successive month | The manufacturing sector contracted for the fourth consecutive month in June, and at the quickest rate of the current downturn, on the back of lower new orders and output month-on-month.
The latest AIB Ireland manufacturing PMI posted a 47.... |
15.06.2023 | AIB signs on to Ukraine Credit Guarantee Scheme | AIB has agreed to become an on-lender for the Ukraine Credit Guarantee Scheme, which has a lending ceiling of €1.2bn for discounted loans to facilitate working capital and medium-term investment.
The SBCI scheme provides for:
- no personal ... |
06.06.2023 | Services sectors continues to grow as 12-month outlook brightens in May | Continued strong demand for Irish services supported sustained growth in the sector last month, according to the latest AIB purchasing managers index (PMI).
Sectoral activity and new business both rose sharply month-on-month, albeit at rate... |
04.05.2023 | Services sector gathers momentum as new orders accelerate | The services sector gathered momentum to start the second quarter in April, with demand conditions, activity and new businesses all increasing at their fastest rates for a year, the latest AIB Ireland services PMI shows.
The headline index ... |
02.05.2023 | Manufacturing downturn sharpens in April | The downturn in Irish manufacturing deepened in April amid a sharper contraction in factory production and a sustained decline in new orders, according to the latest AIB Ireland manufacturing PMI.
Weakened demand helped to restore some stab... |
20.04.2023 | March a Grand Slam for consumer spending | The combination of the St. Patrick's Day festival and Ireland's Grand Slam win contributed to a noted rise in spending, according to Spend Trend, a subdivision of AIB.
The data, which is sourced from 60 million card transactions and has bee... |
05.04.2023 | Services sector growth moderates in March | The services sector grew at a softer rate in March than in February as increases in activity and new business moderated month-on-month, according to the latest AIB Ireland services purchasing managers' index (PMI).
The headline AIB Ireland ... |
16.03.2023 | Average daily spending increases by €93m | Average daily spending increased 5% or €93m month-on-month in February, according to new data compiled by AIB from c.60m debit and credit card transactions.
A total of €2.6bn was spent last month across online (36%), chip and pin (33%), dig... |
03.03.2023 | Credit Review – ensuring viable SMEs and farms have access to bank credit | Credit Review was set up by the Minister for Finance to offer SME and farm businesses an independent review when a credit request is declined by a bank. The review applies to new credit applications, existing facilities that have been reduc... |
03.03.2023 | Services sector gathers momentum in February | The services sector gathered significant momentum in February, while the business activity, new business and employment metrics of the AIB Ireland services PMI marked two consecutive years of monthly growth.
The headline services business a... |
14.02.2023 | Revealed: How much people are spending on Valentine's Day | Spending on flowers increases 295% on Valentine's Day with the majority of florist transactions taking place between 4pm and 6pm, research from AIB shows.
Spending in florists by men increased 492% in what may provide evidence of last-minut... |
01.02.2023 | Manufacturing sector halts two-month decline in January | The manufacturing sector stabilised last month despite a continued lull in demand and sustained reductions in output and new orders, the latest AIB Ireland manufacturing purchasing managers' index (PMI) shows.
The headline index rose from 4... |
05.01.2023 | Services sector grows for 22nd successive month | Activity and new business in the services sector accelerated in December, although growth remained modest overall, the latest AIB Ireland services purchasing managers' index (PMI) shows.
The 12-month outlook among surveyed business remained... |
05.12.2022 | Services sector momentum further slows in November | The services sector experienced a further loss in momentum last month, according to the latest AIB Ireland services purchasing managers' index (PMI).
Total activity, new work and outstanding business at services businesses all rose but at t... |
01.12.2022 | Manufacturing sector contracts despite 21-month low in input inflation | Output in the manufacturing sector further declined in November in line with demand, but input price inflation slowed to a 21-month low, the latest AIB Ireland manufacturing purchasing managers' index (PMI) shows.
While the overall PMI fell... |
03.11.2022 | Input price inflation falls to nine-month low | Service sector activity growth continued to lose momentum at the start of Q4 2022, according to the latest AIB PMI survey data.
The bank said that demand growth through October remained strong, though below the trend shown since the second ... |
25.10.2022 | Johnson Hana raises €10.5 million to up-end the legal market | Dublin-based Johnson Hana alternative legal solutions provider (ALSP) has closed a €10.5 million funding round led by AIB plc and a host of angel investors bringing total funding to €15 million.
Johnson Hana claims the platform can reduce c... |
05.10.2022 | Services sector expands at slowest rate for 19 months | Services sector activity in Ireland increased at its slowest rate for 19 months and new business rose at its softest rate since March 2021 in September, according to the latest AIB Ireland services purchasing managers' index.
The index fell... |
16.09.2022 | Young people spend less as consumer spending stalls in August | Overall consumer spending has been stalled by inflation during August, with young people in particular spending less, according to the latest AIB Spend Trend.
Spending rose by less than one per cent, at 0.8%, with 55,000 fewer transactions ... |
31.08.2022 | London-based Claret Capital wraps up €297 million fund to back life sciences startups | Debt funding has been on the rise in Europe’s tech ecosystem in recent times. Klarna and Revolut-backed GP Bullhound closed a £257 million fund last year.
And now, joining the ranks, London-based growth capital provider Claret Capital has w... |
19.08.2022 | SMEs confident in trading outlook despite staffing challenges | The majority of SMEs believe turnover will increase in the next 12 months despite difficulty in meeting salary demands, with four in five small firms finding that retaining staff a significant challenges.
The BDO and Ibec 2022 SME Sentiment... |
04.08.2022 | Growth in services sector reaccelerates in July | Activity in the services economy grew at an accelerated rate in July, driven by a sharp increase in inflows of new business, according to the latest AIB Ireland Services PMI.
Business confidence has ticked up to a three-month high on the ba... |
21.07.2022 | Kofax Announces 2022 Customer Excellence Award Winners for Digital Workflow Transformation | Eight Standout Customers Honored at Kofax Accelerate 2022
London, July 21 2022 – Kofax®, a leading supplier of Intelligent Automation software for digital workflow transformation, today announces the winners of its 2022 Customer Excellence ... |
15.07.2022 | Inflation effects show as transactions fall but spending rises | Consumers made nearly 500,000 fewer transactions in June but spending still rose 4% with details of the increase in the average transaction highlighting the effect of inflation on the high street.
Figures from AIB show the cost of the avera... |
05.07.2022 | Services PMI detects weakening business confidence | Business activity in services increased at its slowest rate this year through June as new business rose slower than at any point since January, according to the AIB Ireland services Purchasing Managers' Index (PMI).
Business expectations co... |
01.07.2022 | Factory output and new orders fall for first time in 16 months | Manufacturing output and new orders fell for the first time in 16 months in June, completing a turnaround from the start of the second quarter of the year when both metrics were rising sharply, the latest AIB purchasing managers' index (PMI... |
01.07.2022 | Zeus acquires Ireland’s oldest packaging company | Zeus, the Irish-owned global packaging solutions company, has announced its acquisition of JJ O’Toole, Ireland’s oldest packaging company.
Founded in 1914, JJ O’Toole employs 25 people, with customers including Dunnes Stores, Brown Thomas a... |
03.06.2022 | PMI data points to rampant services sector inflation | AIB PMI survey data for May 2022 points to sharp increases in business activity and new orders in the Irish service sector.
The AIB Ireland Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of aroun... |
09.05.2022 | AIB teams with Foresight for €75m SME equity fund | AIB has appointed SME and sustainable infrastructure investment manager Foresight Group to manage its new SME equity fund, with plans to raise €75m to "stimulate job creation and ensure a greener future across the island of Ireland.&qu... |
14.04.2022 | Double bank holiday delivers slight lift to consumer spending | Businesses in the hospitality sector, including restaurants, pubs and hotels, recorded a surge in spending on St Patrick's Day, according to dats from AIB.
Hotels recorded over 50,000 transactions on the day while pubs made 345,000 transact... |
18.03.2022 | Hundreds of Business Angels set to descend on Cork | CorkBIC will host the European Business Angels Network Congress in May, when c.350 business angels, investors and start-ups from 35 countries are expected to attend the event in Páirc Uí Chaoimh.
The May 18/19 EBAN Congress has a theme of ‘... |
14.03.2022 | Ukraine war may send Ireland into recession | Fear is growing at the heart of Government that the war in Ukraine will plunge Ireland into a 1970s style recession.
As the cost of living soars, the Government continues to rule out a mini-budget, with senior sources saying: "There wi... |
10.03.2022 | Price surges expected for next three years | Irish consumers should brace themselves for price surges as high as 10% on a host of goods and services for the next three years, a leading economist has warned.
As the war in Ukraine continues to disrupt supply chains worldwide, AIB’s chie... |
03.03.2022 | Input price inflation at highest level in two decades | Business activity growth hit a four-month high in February as new business increased at its quickest rate for four years, according to the latest AIB Ireland Services Purchasing Managers Index (PMI).
Consequently, outstanding work rose at o... |
14.02.2022 | Airlines see massive boost among one age group | The older population drove demand in the airline industry last month, as over-65s recorded the largest increase in spending, new figures show.
Consumer spending on airlines was up by a massive 170% last month compared to December, according... |
15.12.2021 | AIB Taps IBM For Cloud Upgrade | AIB Bank has concluded a deal with IBM for a €65m spend over the next three years on digital transformation.
IBM will provide the bank with a next-generation IBM z15 compute platform, plus a technology portfolio which includes IBM’s Cloud P... |
23.11.2021 | Inflation dynamics in a pandemic: maintaining vigilance and optionality - remarks by Gabriel Makhlouf | Inflation dynamics in a pandemic: maintaining vigilance and optionality - remarks by Gabriel Makhlouf
23 November 2021Speech Inflation dynamics in a pandemic: maintaining vigilance and optionality - remarks by Gabriel Makhlouf, Governor of ... |
03.11.2021 | Eighth Month Of Expansion For Services | The services sector continued its expansion into an eighth month in October 2021, according to the latest AIB Services PMI, though slightly more slowly than in the previous two months.
Growth rates for activity and new business remained sta... |
23.08.2021 | AIB Launches Social Bonds Framework | AIB has launched a framework intended to enable it to issue social bonds in the near future.
Funds raised by AIB under the social bond framework will be earmarked for loans to social and charitable organisations, as well as SMEs and microen... |
20.07.2021 | AIB : announces changes to branch network in line with increased customer digital usage and declining branch visits | 20th July 2021
AIB announces changes to branch network in line with increased customer digital usage and
declining branch visits
Amalgamates 15 branches in overlapping urban/suburban locations
Retains 170 branches nationwide, the largest br... |
26.05.2021 | The Yield Lab Europe secures $61m for sustainable agrifoodtech fund | The Yield Lab Europe — the European affiliate of US-headquartered accelerator group The Yield Lab — has completed the second close of its sustainable agrifoodtech fund.
The EU’s European Investment Fund through the European Fund for Strateg... |
26.05.2021 | Dublin-based agrifood tech fund The Yield Lab Europe announces (almost) €50 million raise at second close | Dublin-based The Yield Lab Europe has announced almost €50 million at the second close of its agrifood tech fund. The fund, which focuses on seed and Series A startup investments in Ireland and Europe, welcomes new investors including the E... |
26.05.2021 | BREAKING: The Yield Lab Europe secures $61m for sustainable agrifoodtech fund | The Yield Lab Europe — the European affiliate of US-headquartered accelerator group The Yield Lab — has completed the second close of its sustainable agrifoodtech fund.
The EU’s European Investment Fund through the European Fund for Strateg... |
06.05.2021 | AIB GROUP PLC
AIB : Poll Results – AGM May 2021 | 6 May 2021
AIB GROUP PLC (the "Company")
RESULTS OF ANNUAL GENERAL MEETING 2021
The Company announces that at its Annual General Meeting ("AGM"), held today at 10 Molesworth Street, Dublin 2, all of the resolutions propo... |
03.05.2021 | AIB : cuts rates on AIB Green Five Year Fixed Rate Mortgage and introduces Green Personal Loan | 5 March 2021
AIB cuts rates on AIB Green Five Year Fixed Rate Mortgage and introduces Green Personal Loan
Lowest green five year fixed rate mortgage in the Irish market
Helps customers reduce their mortgage repayments, fuel bills and ca... |
01.04.2021 | AIB GROUP PLC
AIB : Deputy Chairman's Letter to Shareholders 2021 | THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION
If you are in any doubt as to what action to take, you should consult your stockbroker, solicitor, bank manager, accountant or other professional adviser, who, if you are taki... |
05.03.2021 | AIB GROUP PLC
AIB : cuts rates on AIB Green Five Year Fixed Rate Mortgage and introduces Green Personal Loan | 5 March 2021
AIB cuts rates on AIB Green Five Year Fixed Rate Mortgage and introduces Green Personal Loan
Lowest green five year fixed rate mortgage in the Irish market
Helps customers reduce their mortgage repayments, fuel bills and ca... |
14.12.2020 | AIB : EBA 2020 EU-wide Transparency Exercise | d on:
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2020 EU-wide Transparency Exercise
Bank Name AIB Group plc
LEI Code 635400AKJBGNS5WNQL34
Country Code IE
AI
202003 202006 2020 EU-wide Transparency Exercise Key Metrics AIB Group plc As of As of COREP CODE REGULATION
... |
05.10.2020 | September Slump For Services Sector | The Irish services sector reversed two months of modest growth through September, falling markedly into contraction territory, according to AIB.
The bank’s Services PMI for September recorded a business activity index of 45.8, down from 52.... |
30.09.2020 | AIB GROUP PLC
AIB : raises 1 billion in first green bond issuance by Irish bank | 23rd September 2020
AIB raises €1 billion in first green bond issuance by Irish bank
AIB has become the first Irish bank to complete a green bond issuance. The €1bn proceeds from the green bond will further strengthen AIB's regulatory capit... |
07.09.2020 | Credit Guarantee Bank Loans Now Available | Bank loans underpinned by the government’s Credit Guarantee Scheme are now available to business borrowers from Bank of Ireland, Ulster Bank and AIB.
The initiative is the biggest ever state-backed loan guarantee launched in Ireland, with t... |
04.09.2020 | AIB GROUP PLC
AIB : Half-Yearly 2020 Pillar 3 Report (excel) | Cover
Pillar 3 Supplement Report
30 June 2020
Forward looking statement
Forward looking statement
This document contains certain forward looking statements with respect to the financial condition, results of operations and business of AIB G... |
12.05.2020 | Payment Breaks For 50,000 AIB Customers | C.50,000 AIB customers have availed of payment breaks on loan principal and interest, according to the bank.
AIB says that at the end of the payment break, impacted customers will have an option to extend the term of the loan with associate... |
07.05.2020 | Cashflow Forecasts Are Vital For Covid Funding | The businesses best placed to succeed post Covid-19 and Brexit will be those who invest time now mapping out the future and articulating that plan in writing, writes accountant Noreen O'Sullivan
The government roadmap out of lockdown is com... |
31.07.2019 | Negative Brexit Effect Doubles For SMEs | With 100 days to go to Brexit, the number of SMEs being negatively affected has doubled in one year, according to AIB’s latest Brexit Sentiment Index.
The bank says that in the second quarter of this year 42% of SMEs south of the border sai... |
18.05.2018 | Virgin Media Among Winners In AIM Awards | Virgin Media was among the winners in this year’s All-Ireland Marketing Awards, which were announced in Dublin last night (May 17). The telco picked up the award for best customer experience, finishing on top of a shortlist that included AI... |
27.07.2017 | Equity Finance Worked For New Boojum Owners | Equity finance is a phrase that SME owners have trouble warming to. Recent research from AIB disclosed that 70% of SMEs do not find equity finance appealing at all. What’s more, two thirds of the company owners surveyed weren’t even familia... |
23.06.2017 | Term Sheet — Friday, June 23 | OPEN MIC, UBER EDITION
After Uber CEO Travis Kalanick was fired, one of the (many, many) takes on the news was that Uber’s business model is a bigger problem than its toxic culture. Here’s one example of this take from the Wall Street Journ... |
13.06.2017 | Term Sheet — Tuesday, June 13 | ET CETERA
Good morning, I will try to abstain from covering every tremor in the Uber saga beyond yesterday’s analysis. (But here’s the latest: Emil Michael is out. He blames Uber’s board. Travis Kalanick, unclear. Sidenote, incredibly, Kala... |
01.06.2017 | Term Sheet — Thursday, June 1 | EXITS AND CONFLICTS
NYC Tech: Awhile back I had promised to provide updated deal data comparing exits for startups from NYC, LA and Boston. We can’t compare deal value of M&A exits since so many of the prices are not confirmed. For exam... |
17.06.2016 | Atlantic Bridge announces €60m fund to invest in companies emerging from third level research | Friday June 17 2016: Atlantic Bridge, one of Europe’s top performing growth technology funds, has today announced a new €60 million investment fund for early stage companies with global potential that are built from world class research fro... |
21.01.2014 | AIB promotes P2P contactless payments with NFC posters | Allied Irish Bank is promoting its Me2U app for mobile P2P transfers via an NFC-enabled poster campaign.
The Me2U app allows AIB's phone and Internet banking customers to send money from their Euro-denominated personal AIB Visa debit or cre... |
22.09.2011 | AIB launches Mobile Banking | AIB today announced the launch of a new Mobile Banking site, www.aib.ie/mobilebanking, tailored specifically for use on smartphones. Over 650,000 of AIB customers actively use AIB Internet Banking and the bank has seen significant growth in... |
- | Payments solutions provider Eckoh to acquire London’s Syntec for £31 million | Provider of secure payment and customer contact solutions, Eckoh has announced that it has entered an agreement to acquire competing payment provider Syntech for a total consideration of £31.0 million through a combination of cash (£24.7 mi... |
- | Dublin-based agrifood tech fund The Yield Lab Europe announces (almost) €50 million raise at second close | Dublin-based The Yield Lab Europe has announced almost €50 million at the second close of its agrifood tech fund. The fund, which focuses on seed and Series A startup investments in Ireland and Europe, welcomes new investors including the E... |