AIB fined record €83.3m for role in tracker mortgage scandal

1 week ago 9

Figure much than treble Central Bank’s erstwhile highest fine

The Central Bank has imposed a grounds good connected AIB and its EBS portion for their engagement successful the Irish banking industry's tracker owe scandal. Photograph: Aidan Crawley/Bloomberg

By Joe Brennan

Thu Jun 23 2022 - 11:03

AIB and its EBS portion person been deed with a grounds €83.3 cardinal Central Bank good for their roles successful the State’s tracker owe scandal.

The fig is much than treble the regulator’s erstwhile highest fine, imposed connected Ulster Bank successful March past twelvemonth for its engagement successful the Irish banking industry’s biggest overcharging affair.

More to follow.

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