AIB culture ‘not flawed, despite scandals’

AIB management yesterday denied a flawed culture within the bank led to the recent overcharging scandals.

However, AIB chairman Dermot Gleeson told the Oireachtas Finance and Public Service committee yesterday that a report commissioned by the bank had concluded some changes needed to be made.

Citing Concours Group research into the work culture within AIB, Mr Gleeson said: “The overall conclusions are that AIB has a sound culture. It is not fundamentally flawed but some work needs to be done.”