SOURCE: Allied Irish Banks, p.l.c.

February 09, 2011 13:26 ET

Allied Irish Banks, p.l.c. Capital Update

DUBLIN 4, IRELAND--(Marketwire - February 9, 2011) -

Allied Irish Banks, p.l.c. ("AIB") [NYSE:AIB] notes today's announcement by the Minister for Finance that the Government is postponing further capital injections into AIB and other banks. We note this postponement is pending the appointment of the new Government, following the upcoming election on 25(th) February.

The short delay may also allow time to consider the outcomes of the Prudential Capital Assessment Review, which is being undertaken by the Central Bank of Ireland and is expected to be completed by the end of March 2011.

- ENDS -

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Source: Allied Irish Banks, p.l.c. via Thomson Reuters ONE


Contact Information

  • For further information, please contact:

    Alan Kelly
    General Manager, Corporate Services
    AIB Group
    Tel: ?1-6412162
    email: Email Contact

    Catherine Burke
    Head of Corporate Relations and Communications
    AIB Group
    Tel: ?1-6413894
    email: Email Contact