Irish bank AIB 2008 profits tumble 62 percent
Editor | Mar 02, 2009 | Comments 0
DUBLIN – Ireland’s biggest lender Allied Irish Bank said Monday its pre-tax profit sank 62 percent last year to about 1.0 billion euros (1.3 billion dollars) amid “unprecedented” trading conditions. AIB chief executive Eugene Sheehy described the results as “disappointing” and said it was a “very challenging” year for the…
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