AIB 'delivering in cutting mortgage rates'

AIB said it’s delivering in cutting mortgage rates and was confident its provisioning for bad loans and its accounts were up to scratch after a whistleblower approached regulators.

The allegations of the AIB whistleblower were first aired last month after regulators were approached about issues over the way the lender allegedly dealt with corporate loans in arrears.

The claims raised concerns about the process of supervisory oversight by external regulators.