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Journal.ie on MSNState sells further 5% stake in AIB for €652m and could exit the bank later this yearThe State sold a 5% stake in AIB at a price of €5.60 per share, which will generate around €652 million upon settlement.
AIB has become the latest Irish lender to start cutting customer deposit rates, joining Bank of Ireland and neobanks operating in the market, following a raft of official rate cuts from the ...
12.5% today. It is now a realistic target that the state could exit its position in AIB later this year should market conditions allow.” The state sold its remaining shares in Bank of Ireland in ...
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