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

February 18, 2011 12:11 ET

Allied Irish Banks, p.l.c. Polish regulatory approval of the BZWBK disposal

DUBLIN 4, IRELAND--(Marketwire - February 18, 2011) -

DUBLIN, Ireland, Allied Irish Banks, p.l.c. ("AIB") [NYSE:AIB] announced on 10 September 2010 that it had agreed to sell its Polish interests to Banco Santander S.A. ("Santander") subject to obtaining certain regulatory approvals. The Polish securities regulator - Polish Financial Supervision Authority ("PFSA") or Komisja Nadzoru Finansowego ("KNF") today announced that it has approved the BZWBK tender offer by Santander.

As announced on 7(th) February 2011, we expect that transaction will be completed on 1(st) April 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