Aib Group PLC

AIB Group PLC, commonly known as Allied Irish Banks, was established in 1966 through the merger of several Irish banks. Its origins date back to the early 19th century. The company's headquarters are situated in Dublin, Ireland. The business operations of AIB can be categorized into: - Retail Banking: This service area focuses on catering to individual customers and small to medium-sized enterprises (SMEs), providing them with a range of banking services. - Commercial Banking: Tailored for medium to large businesses, AIB offers a variety of products and services designed to meet the unique needs of this sector. - Corporate Banking: AIB serves larger corporate clients, addressing their more complex financial requirements. - Wholesale and Institutional Banking: This segment involves engaging with capital markets and providing services to international banking clients. The principal brands within the AIB Group PLC include: - AIB: As the primary consumer and commercial banking service provider in Ireland, this is the flagship brand under the group. - Haven Mortgages: Operating under the AIB umbrella, Haven Mortgages supplies residential mortgage products within Ireland. - EBS: Acquired by AIB, EBS delivers an assortment of financial services, such as mortgages, savings accounts, insurance, and investment options to the Irish market. Despite its focus on serving clients in Ireland, AIB Group also extends its banking services to customers in the UK and globally, particularly through its corporate and institutional banking division. (Powered by AI)