Senior AIB managers received €100k bonuses during boom

Senior managers at AIB were getting €100,000 annual bonuses during the property boom, despite the fact the lender was breaching financial regulator rules.

Senior AIB managers received €100k bonuses during boom

Former AIB managing director Donal Forde said problems stemmed from the scale of the property bubble and the bank had faced pressure to make profits from other competing “stellar” banks.

Mr Forde was in charge of the Irish section of the bank between 2002 and 2009, the years leading up to the blanket bank guarantee.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited