fromIrish Independent
3 days agoAIB upgrades outlook as ECB rates settle at 2pc
For 2025 AIB said it expects NII of greater that €3.7bn, upgraded from previous guidance of income greater than €3.6bn. The change reflects an expectation that the ECB rate will now stay at 2pc for the rest of this year and the Bank of England will keep its rates at 3.75pc. The bank's other income decreased 12pc on the equivalent prior year period as the prior period benefitted from higher equity gains and other items.
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