AIB not expecting tracker fine until 2020

AIB is not expecting to be hit with a fine from the Central Bank over its part in the tracker mortgage scandal until next year at the earliest, but it has put aside €35m for the eventuality.

The bank remains in enforcement talks with the Central Bank. But, speaking as AIB published financial results for the first half of this year, the bank's chief financial officer Donal Galvin said no fine is expected this year.