AIB Polish subsidiary see profits surge

AIB's Polish subsidiary Bank Zachodni WBK saw pre-tax profits surge in the first quarter, boosted by a large dividend from its stake in insurer Commercial Union's Polish arm.

Profits jumped to $32m (€26.8m) in the three-month period, compared with just under $12m (€10.08m) in the same period a year earlier.

Banking revenue rose 15%.