AIB

The company operates as a universal/commercial bank, using customer deposits and wholesale funding to provide loans and other credit products, earning a margin between interest received and interest paid. It layers on fee‑based services around payments, cards, current accounts, merchant services and wealth or insurance distribution to diversify revenue, alongside treasury and trading activities that manage liquidity, interest rate risk and market exposures. Digital channels (mobile, internet and phone banking) reduce distribution cost per customer and support self‑service, while branch and relationship teams serve more complex retail, SME and commercial needs. Value is created by providing secure transaction infrastructure, access to credit and savings products, and risk management services to individuals and businesses, monetised through interest spread, fees and commissions.

Allied Irish Banks (AIB) is a large, full‑service commercial bank headquartered in Ireland and part of AIB Group plc. It provides retail and small business banking through digital channels including mobile, internet and phone banking, as well as traditional banking products such as current accounts, savings, cards, loans and mortgages. The bank also operates treasury and markets activities.

AIB generates the majority of its income from net interest on lending versus deposits and funding costs, complemented by fees and commissions on payment services, cards, accounts and related financial products. Its primary customers are consumers and small businesses in Ireland, with additional commercial and treasury clients. The Irish State remains a significant shareholder following past recapitalisation and subsequent partial privatisations, and AIB competes domestically with Bank of Ireland and Permanent TSB and with digital banks such as Revolut and N26.