The Irish Government cut its stake in AIB Group to 12.5%, marking another step toward returning the lender to private ownership as early as this year.
This brings the total proceeds returned to the state to c. 18 billion euro Colin Hunt, AIB Group He added: “We have made significant progress in reducing the state’s shareholding in AIB from c.
The Finance ministry has committed to not sell any more AIB shares for 90 days. Following the tax payer bailout of key Irish banks during the financial crisis of 2008, the government had owned more ...