AIB full-year losses narrow to €1.7bn

State-owned Allied Irish Banks has announced a return to pre-provision operating profit with losses before tax down €2bn to €1.7bn last year.

AIB full-year losses narrow to €1.7bn
Wed, 05 Mar, 2014 - 08:23

State-owned Allied Irish Banks has announced a return to pre-provision operating profit with losses before tax down €2bn to €1.7bn last year.

The bank’s annual results for 2013 revealed a pre-provision operating profit of €445m, €769m higher than in 2012.

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