AIB shares buoyant despite over-charging revelations

AIB shares were up eight cent today despite the announcement that the bank is to repay €32.4m to customers over-charged in a number of differewnt transaction types.

AIB shares were up eight cent to €12.28 today despite the announcement that the bank is to repay €32.4m to customers over-charged in a number of different transaction types.

Foreign exchange customers were over-charged by €26.1m. Separate investigations, launched jointly by the AIB and the Irish Financial Services Regulatory Authority (IFSRA) into 24 other categories of charges found that €8.1m more was owed to customers.