AIB Bank says it continues to target a low single digit percentage earnings growth in 2008; Slower loan growth of around 10% is expected
May 15th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
AIB Bank today issued an update covering its business in the year to date, key trends and their expected effect on performance in 2008. The bank said that overall performance is good. All divisions – Republic of Ireland, Capital Markets, United Kingdom and Poland are maintaining and further developing its premium market positions. Likewise, US bank M&T continues to hold a very strong competitive position in the United States. In 2008, AIB says it continues to target a low single digit percentage growth in earnings per share off a 2007 base of 205.9 cent.