Update: AIB fined €83.3m for role in the tracker mortgage scandal

EBS, owned by AIB, was fined €13.4m for consumer protection breaches during the tracker mortgage scandal. Their combined fine brings the total sum to a combined €96.7m.

The Central Bank opened investigations six years ago into all lenders that sold the tracker home loans.

AIB was hit with a record fine of €83.3m for its role in the tracker mortgage scandal.

The bank was landed with the fine for a series of significant and long-running failings in the treatment of its tracker mortgage customers holding 10,015 mortgage accounts between August 2004 and March 2022. AIB has admitted to 57 separate regulatory breaches.