The State owned Allied Irish Bank has been granted temporary orders by the High Court against six former senior executives of one of its successful subsidiaries, Allied Irish Bank International Financial Services Ltd. (AIBIFS)

CAPITA Group is to buy the international financial services business of Allied Irish Bank,AIBIFS, for €33 million.

AIB International Financial Services (AIBIFS) has won the annual Irish Hungarian Business Association Award (IHBA) for its contribution on bilateral business relations and partnerships following the opening of an office in Budapest in 2000, the bank said yesterday.