Allied Irish Banks, p.l.c. Capital Update

Allied Irish Banks, p.l.c. Capital Update
Following the announcement of the 22nd December on capital measures agreed with the Irish Government, Allied Irish Banks, p.l.c. (”AIB”) [NYSE: AIB] has been in further negotiations with the Government.
These negotiations have now concluded with a revised agreement, outline details of which are contained in last night’s separate statement by […]

AIB reduces interest rate for First Time Buyers

AIB reduces interest rate for First Time Buyers
AIB today announces it is reducing its one year fixed interest rate for first time buyer owner occupiers to a market leading interest rate of 2.49%.
This rate will be available to first time buyer owner occupiers from Monday 16th February 2009 on all mortgages sanctioned by 31st March […]

AIB announces changes to its interest rates

AIB announces changes to its interest rates
AIB announces changes to its lending and deposit rates, with effect from close
of business, Tuesday, 27th January 2009. This follows the ECB interest rate reduction of 0.50% which was announced on 15th January 2009.
On the mortgage side, the standard variable rate for owner occupier mortgages decreases by 0.50% to […]

AHLI UNITED BANK NAMED ‘BEST TRADE FINANCE PROVIDER IN BAHRAIN’ 2009 BY GLOBAL FINANCE

AHLI UNITED BANK NAMED ‘BEST TRADE FINANCE PROVIDER IN BAHRAIN’ 2009 BY GLOBAL FINANCE
Ahli United Bank (AUB) has been named ‘Best Trade Finance Provider in Bahrain’ 2009 by New York-based international finance publication, Global Finance.
In selecting the best trade finance provider award winners, Global Finance editors took input from industry analysts, corporate executives and […]

AHLI UNITED BANK NAMED ‘BEST FOREIGN EXCHANGE BANK IN THE MIDDLE EAST’ FOR THE THIRD CONSECUTIVE YEAR

AHLI UNITED BANK NAMED ‘BEST FOREIGN EXCHANGE BANK IN THE MIDDLE EAST’ FOR THE THIRD CONSECUTIVE YEAR
Ahli United Bank B.S.C. (AUB) has been named ‘Best Foreign Exchange Bank in the Middle East 2009‘ by well known New York- based banking publication Global Finance magazine.
This marks the third consecutive year AUB has been named ‘Best Foreign […]

AHLI UNITED BANK NAMED ‘BANK OF THE YEAR BAHRAIN 2008’ BY THE BANKER MAGAZINE

AHLI UNITED BANK NAMED ‘BANK OF THE YEAR BAHRAIN 2008’ BY THE BANKER MAGAZINE
AUB wins prestigious award for the third consecutive year
Ahli United Bank B.S.C. (AUB), one of the region’s leading banking institutions, has been named ‘Bank of the Year - Bahrain’ for 2008 by The Banker magazine, a widely respected publication and part of […]

AHLI UNITED BANK RECEIVES AWARD FOR OPERATING EXCELLENCE

AHLI UNITED BANK RECEIVES AWARD FOR OPERATING EXCELLENCE
JPMorgan Chase Selects AUB for Elite Quality Award
Ahli United Bank B.S.C. (AUB), one of the region’s leading Banking institutions, has been presented with the prestigious ‘Elite Quality Recognition Award’ by JP Morgan Chase, the leading global financial services firm. The award was given in acknowledgement of the bank’s […]

Update on OFT Court Case

Update on OFT Court Case
1. Seven banks and one building society (the “Banks”) are engaged in a test case with the Office of Fair Trading (”OFT”) to decide the legality of unarranged overdraft charges and to bring clarity to an issue which is of concern to a large number of bank customers.
[…]

Banks and Building Society Appeal Hearing in OFT Test Case

Banks and Building Society Appeal Hearing in OFT Test Case
Seven banks and one building society (the “Banks”) are engaged in a High Court test case with the Office of Fair Trading (”OFT”) to decide the legality of unarranged overdraft charges. The first stage of the test case process was heard by the Court between 17 […]

judgment on next stage of OFT Test Case

judgment on next stage of OFT Test Case
Today (8 October 2008), the High Court delivered its judgement on the current stage of the test case on unarranged overdraft charges. The Case is between seven banks and one building society with the Office of Fair Trading. This stage considered the terms & conditions previously used by […]