AIB Chairman tells AGM that funding is stable and robust with a strong emphasis on stable customer deposits; Current credit conditions are having some impact on its margin
Apr 22nd, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
AIB Chairman Dermot Gleeson told the bank's AGM today that given the current unprecedented turmoil in the financial markets, from AIB’s perspective, funding is stable and robust with a strong emphasis on stable customer deposits. These account for 48% of funding requirements.