All Divisions Reporting Improved Profits for Aib ; Banking

Summary

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Allied Irish Banks, which has a large operation in Birmingham, has said it sees profit growth in all its divisions and at an overall group level this year and next.

In a trading statement yesterday, AIB added that it expected income to rise three per cent faster than costs, and that it is targeting earnings per share improvement of 13 per cent, in line with announcements in August.

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All Divisions Reporting Improved Profits for Aib ; Banking

"The earnings target underlines the resilience of our franchises and underpins our confidence in th...

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