AIB tracker offer ‘some time away’

It will be several months before AIB comes up with a package to offer tracker mortgage holders, AIB chief executive David Duffy said yesterday.

Mr Duffy, asked by reporters in Limerick if AIB would be making the same kind of offer set out by Bank of Ireland, said they were looking at a range of options.

“We are not rushing into (it), because we start out with the principle that a tracker is a contractual entitlement and we will not vary or try to adjust, or try to manage that in any way.