Allied Irish Banks announces profit of €437m, first since 2008

The bank said its results represented a €1.3bn improvement in performance compared with the first half of last year with funding and capital positions stable and improving. The bank last reported a full-year profit in 2008 as the financial crisis was hitting. The expected move to profit marks a milestone as it moves towards repaying … Continue reading Allied Irish Banks announces profit of €437m, first since 2008