Sale of Polish assets 'will meet third of cost of AIB restructuring'

Allied Irish Banks today confirmed it has agreed to sell its Polish interests for €3.1bn.

Fri, 10 Sep, 2010 - 19:35

Allied Irish Banks today confirmed it has agreed to sell its Polish interests for €3.1bn.

AIB group managing director Colm Doherty said he was pleased with the price achieved for its 70% stake in Poland’s Bank Zachodni WBK to Spanish bank Santander.

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CourtsBusinessHeathrowPlace: PolandPlace: USPlace: UKPerson: Colm DohertyPerson: DohertyOrganisation: AIBOrganisation: Allied Irish BanksOrganisation: Bank Zachodni WBKOrganisation: SantanderOrganisation: M&T
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