Trading Outlook for Allied Irish Banks Plc (AIB)

September 2, 2009

Plc. (NYSE: )

() is one of Ireland’s major commercial banks, offering a full range of personal and corporate banking services. The Company’s business is conducted through five operating divisions: Bank Republic of Ireland (ROI) (which holds approximately 44% of the group’s assets), Capital Markets (33%), Bank UK (12%), Central & Eastern Europe (7%) and Group (4%).

Bank ROI division consists of the group’s retail and commercial activities in the Republic of Ireland, which also includes its life and pensions subsidiary and other specialist businesses offering credit cards, car finance and leasing products, home mortgages and other services. Through the Bank UK division, the Company provides retail and commercial banking services in Great Britain, where it operates under the name Allied Irish Bank (GB) and Northern Ireland, where it trades as First Trust Bank. Capital Markets comprises Investment Banking, Asset Management, Corporate Banking and Global Treasury activities of the group as well as the Allied Irish America network, which caters for the community and charity sector in the United States. The Company also owns 70.5% of Bank Zachodni WBK S.A., one of Poland’s leading financial institutions. Read more

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