AIB cuts the cost of personal loans

AIB announced a new interest rate structure that will reduce the cost of personal loans from May 22 by up to 32%.

AIB is offering new low variable interest rates from 6.99% APR on loans of €25,000 or more, 7.49% APR for loans between €10,000 and €25,000, and 8.99% APR on loans from €5,000 to €10,000.

The rate offered on loans less than €5,000 remains unchanged at 10.33% APR.