AIB in joint venture with Canada Life 

The new venture could be launched in the second half of 2022

AIB is investing €90m into the venture as it aims to diversify its revenue streams and improve non-interest income.

AIB has reached an agreement to form a 50-50 joint venture with Canada Life to offer life insurance, pension, savings and investment options.

The bank is investing €90m into the venture as it aims to diversify its revenue streams and improve non-interest income.