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AIB refused to confirm or deny that any of the loans sold had benefited from the additional loss allowance, saying that it would be wrong to provide any additional financial information to that it had already disclosed. AIB originally hailed the deal as a key stage in its plans to create a global investment firm, but analysts say that AIB Govett has never been fully integrated into the bank's asset management business.

Kenny Archer. These allow banks to write down problem loans without hurting their reported profits in the year of the changeover, merely taking the impairment straight to balance sheet reserves.

The full impairment is then unwound over the following five years. Public sector net debt.

Four Slaughtneil stars make first AIB Football Team of the Championship

GAA Football. To prepare himself Harry Redknapp even paid a visit to his local Connacht championship team. Ian Burke Corofin 13. Matthew Lynn Get ready to be showered by helicopter money.

Questions raised over AIB €1.1bn problem loans sale to Cerberus

Both teams were gifted with some of the biggest stars of their generation. Mr Butler said it stretched credibility to believe the Irish bank could have made such profits on selling loans to value-conscious investors such as Cerberus. I took a trip out to London GAA training last week before arriving in Castlehaven to see what it is all about. House price growth in Belfast running at 5. Bankers say that a number of fund managers have been contacted in the past month about bidding for AIB Govett.

Elite rower Dr Philip Doyle on consuming more than 6,000 calories a day Belfast cancer research could offer alternative to women facing double mastectomy.

Weather Forecast. Enjoy reading the Irish News? Important information regarding cookies AIB uses cookies to enhance your browsing experience and to create a secure and effective website for our customers. Taking the train: Dylan Wall Corofin 8.

Allied Irish offers AIB Govett for £120m

By Grant Ringshaw. We're shell-shocked. A long ball from the Dubs looked to be dribbling wide but Robbie Boyle spooned it back across the Castlehaven goalmouth to a goal-line that was suddenly vacant and Niall Crossan shot.