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FILE PHOTO AIB has confirmed it is seeking to acquire €4 billion worth of loans from Ulster Bank, and has entered into a non-binding Memorandum of Understanding with NatWest END 29/3/2010 Allied Irish Bank Bankcentre. Pictured is the AIB Bankcentre in Donnybrook. AIB is to increase its variable interest rate for mortgage holders by 0.5 percentage points from close of business today. The bank is also increasing its fixed mortgage rates. Also, bank shares have fallen today as the Government puts the finishing touches to its master plan for Ireland's banking sector. Bank of Ireland shares were down over 11 percent this afternoon, while AIB had slumped by 18 percent. Photo. Mark Stedman/
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19 February 2021