AIB announces record profits in 2004

Allied Irish Bank today announced overall group profits before taxation of €1.418bn in 2004, with profits up 11% in the Republic of Ireland and 16% in Northern Ireland and Britain.

AIB announces record profits in 2004

Allied Irish Bank today announced overall group profits before taxation of €1.418bn in 2004, with profits up 11% in the Republic of Ireland and 16% in Northern Ireland and Britain.

Despite incurring €50m investigation-related charges, profits in the Republic climbed to €695m, with loans up 30%, deposits up 16%.

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