A

Aib

www.aib.ie link_icon
markdown

Market Research Report: Allied Irish Banks, p.l.c. (AIB)



Company Overview



  • Name: Allied Irish Banks, p.l.c. (AIB)

  • Mission: Empowering people to build a sustainable future, with sustainability at the heart of their Group strategy, focusing on being a positive influence on society.

  • Founded: No information is available.

  • Founders: No information is available.

  • Key People: Colin Hunt, Chief Executive Officer

  • Headquarters: 10 Molesworth Street, Dublin 2, Ireland

  • Number of Employees: Over 10,001 employees

  • Revenue: No information is available.

  • Known For: AIB is one of Ireland’s major retail banks serving personal, business, and corporate customers, offering a range of banking products and services including mortgages, savings, and business banking.


Products



  • Banking and Financial Services: Offers retail banking, business banking, mortgages, savings, and insurance services.

  • Key Features:

  • Retail Banking: Customer-centric services across branches and digital platforms.

  • Business Banking: Comprehensive services for SMEs, including tailored funding solutions and advisory services.

  • Mortgages: Offers a variety of mortgage products including Green Mortgages for energy-efficient homes.

  • Insurance: Includes car, home, and travel insurance with various benefits and coverage options.

  • Credit Cards: Range of credit cards with different benefits such as contactless payments and emergency cash services.


Recent Developments



  • New Initiatives:

  • AIB Community €1 Million Fund (2024): Support local charities within their region.

  • Strategic Branch Network Investment: €40 million investment in branch network upgrades to be completed by the end of 2025.

  • Sustainability Conference: Hosting the eighth annual Sustainability Conference, emphasizing sustainability practices.

  • Partnership Programs: Partnership with Good Food Ireland® Awards 2024, showcasing commitment to the food and drink industry.


  • Sustainability and Environmental Initiatives:

  • Launched a €5 billion climate action fund and committed to offering green lending.

  • Implemented sustainability changes to reduce operational carbon emissions by a further 10%.


  • Technological Advancements: Implemented the ISO 20022 standard for payments to improve efficiency.


  • Awards and Recognitions: Recognized as a significant supporter of sustainability practices and innovation in various sectors.


Conclusion



This professionally curated market research report provides a comprehensive overview of AIB's operations, product offerings, recent developments, and its strategic emphasis on sustainability. The content presented reflects AIB's commitment to becoming a leader in integrating sustainability into its core operations, coupled with maintaining a strong community presence in its service offerings.


Note: This report includes only the information available in the provided data. Any missing details are noted as "No information is available."