AIB - CREDIT INSTITUTIONS BILL 2010

AIB - CREDIT INSTITUTIONS BILL 2010

ID: 49703

(Thomson Reuters ONE) -


Allied Irish Banks, p.l.c. ("AIB") [NYSE: AIB] notes the publication earlier
today of the Credit Institutions (Stabilisation) Bill 2010 and the Minister for
Finance's press release comments in relation to AIB. As noted in the press
release, the Minister has indicated the legislation, if passed, will be
available to effect, in part, an injection of capital into AIB prior to year
end. This injection would be made with a view to ensuring AIB remains in
compliance at year end with its regulatory capital requirements as determined by
the Central Bank of Ireland.

AIB is reviewing the draft legislation and will continue to hold discussions
with the State authorities regarding the receipt of capital.

A further update will be provided following the conclusion of these discussions.



-ENDS-

For further information please contact:-

Alan Kelly Ronan Sheridan

General Manager, Corporate Services Group Press Officer

AIB Group AIB Group

Dublin Dublin

Tel: +353-1-6412162 Tel: +353-1-6414651

email: alan.j.kelly(at)aib.ie email: ronan.j.sheridan(at)aib.ie









This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

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

[HUG#1472511]




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Datum: 14.12.2010 - 19:26 Uhr
Sprache: Deutsch
News-ID 49703
Anzahl Zeichen: 2037

contact information:
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Kategorie:

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