Allied Irish Banks Plc - Company Profile
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Allied Irish Banks Plc (AIB Bank), a subsidiary of AIB Group plc, is a provider of personal and corporate banking, mortgage, insurance, investment, and other financial solutions to individuals, SMEs, and corporate clients. It operates via four business segments- Retail Banking, Capital Markets, AIB UK, and Group. Its portfolio consists of deposits and accounts, including, savings, and current accounts, term, and demand deposits, and card products. The bank offers pension plans, online banking, self-service banking, mobile banking, tablet banking, and mobile top-up services. The bank serves small and medium enterprises (SMEs), individuals, and corporate clients. It operates primarily in the UK, and Ireland. AIB Bank is headquartered in Dublin, Ireland.
Headquarters
Ireland
Address
10 Molesworth Street, Dublin, 2D02R126
Website
www.aib.ie
Telephone
353 1 6600311
No of Employees
9,590
Industry
Financial Services
Revenue (2023)
$6.0B
Allied Irish Banks Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Loans and Financing: | Foreign Exchange | AIB |
| Car | Online Banking | |
| Personal | Mobile Banking | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | In March, the bank introduced a EUR500 million development fund with Activate Capital. |
| 2023 | Contracts/Agreements | In August, the bank in joint venture Great-West Lifeco entered into a partnership with Tata Consultancy Services to provide administration, information technology, and customer and handling services to AIB. |
| 2023 | Contracts/Agreements | In June, the bank and Great-West Lifeco formed a joint venture named, AIB life. |
Competitor Comparison
| Key Parameters | Allied Irish Banks Plc | Bank of Ireland Group Plc | Investec plc | Virgin Money UK Plc | permanent tsb Group Holdings plc |
|---|---|---|---|---|---|
| Headquarters | Ireland | Ireland | United Kingdom | United Kingdom | Ireland |
| City | Dublin | Dublin | London | Glasgow | Dublin |
| State/Province | Dublin | Dublin | England | Scotland | Leinster |
| No. of Employees | 9,590 | 10,845 | 7,400 | 7,166 | 3,330 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Colin Hunt | Director; Chief Executive Officer | Executive Board | 2019 | - |
| Donal Galvin | Director; Chief Financial Officer | Executive Board | 2021 | - |
| Andrew Mcfarlane | Chief Operating Officer | Senior Management | 2022 | - |
| Graham Fagan | Chief Technology Officer | Senior Management | - | - |
| David McCormack | Chief People Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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