{"id":424971,"date":"2026-04-30T10:21:16","date_gmt":"2026-04-30T10:21:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/424971\/"},"modified":"2026-04-30T10:21:16","modified_gmt":"2026-04-30T10:21:16","slug":"aib-results-indicate-economy-is-shrugging-off-iran-war-effects","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/424971\/","title":{"rendered":"AIB results indicate economy is shrugging off Iran war effects"},"content":{"rendered":"

\"AIB<\/p>\n

AIB chief Colin Hunt\u2019s base salary was \u20ac793,000, up from \u20ac633,000 in 2024<\/p>\n

New AIB results suggest Irish consumers and businesses have shrugged off the impact of the Iran war, so far, with the bank trading in line with guidance and growth in lending through the first three months of the year.<\/p>\n

AIB\u2019s first quarter results show new lending up 11pc to \u20ac3.6bn and the bank said it\u2019s mortgage market share was 30pc at the end of March.<\/p>\n

Growth in total lending was more modest, up 1.7pc to \u20ac73.5bn. Customers deposits of \u20ac117bn were unchsnged since the end of December.<\/p>\n

\u201cNotwithstanding the geopolitical uncertainty, the Irish economy continues to perform well and we remain confident in our outlook for 2026,\u201d AIB\u2019s CEO Coin Hunt said. <\/p>\n

The bank remains on course to \u201cdeliver strong, sustainable returns to our shareholders as we progress through the final year of our current strategic cycle,\u201d he said.<\/p>\n

The results show total income broadly in line with the same three months of 2025, despite a bigger loan book, reflecting the softer interest rate environment.<\/p>\n

Net interest income (NII) was \u20ac920m, with an interest margin of 2.65pc.<\/p>\n

Fees and other income was up 8pc.<\/p>\n

Costs continue to rise, up 2pc in line with guidance and resulting in a cost income ratio (CIR) of 44pc.<\/p>\n

The results indicate little ot no evidence of rising financial disress among customers as a result of the war and its impact on prices. <\/p>\n

\u201cOverall credit quality remained robust with a small net credit impairment charge recorded in Q1. Our<\/p>\n

approach remains conservative, comprehensive and forward-looking,\u201d the bank said.<\/p>\n","protected":false},"excerpt":{"rendered":"AIB chief Colin Hunt\u2019s base salary was \u20ac793,000, up from \u20ac633,000 in 2024 New AIB results suggest Irish…\n","protected":false},"author":2,"featured_media":424972,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,14486,113,61,60],"class_list":["post-424971","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-donal-odonovan","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/424971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=424971"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/424971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/424972"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=424971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=424971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=424971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}