Ireland on track to sell all AIB shares by end of year, says finance minister - The Irish State sold a 5% stake in the bank, ...
Ireland could entirely offload its stake in the lender this year after nationalising the bank more than a decade ago. View on ...
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.
Colin Hunt, the chief executive at AIB, has led the bank as the state has progressively cut its holding in the bank over recent years. Picture: Maura Hickey ...
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 ...
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.