Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBKIR.L Share News (BKIR)

  • There is currently no data for BKIR

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AA Inks Consumer Financial Services Partnership With Bank Of Ireland

Wed, 15th Jul 2015 06:37

LONDON (Alliance News) - FTSE 250-listed roadside assistance company AA PLC on Wednesday said it has struck a financial services partnership with the Bank of Ireland UK.

Under the ten-year deal between the pair, the AA will offer Bank of Ireland retail financial services products to its UK customers. The range will be AA-branded and will cover credit cards, loans, cash savings and mortgages.

The first product, a credit card, is expected to be launched this month, with further products to be launched over the course of 2015. The first AA-branded mortgage product it expected to come to market in 2016.

"This new venture builds on the AA's brand strength and financial services expertise and lays the foundations for the AA to develop a long-term strategic financial services proposition. BOI UK has proven skill in delivering successful partnerships, and will provide us with the platform to do this," said Bob Mackenzie, AA's executive chairman.

"This new partnership with the AA is an important development for Bank of Ireland, building on the highly valued long term and successful financial services partnership which we have in the UK with the Post Office," said Bank of Ireland Chief Executive Des Crowley.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
15 Jul 2015 07:35

LONDON BRIEFING: Burberry Warns Of Challenging Market In Hong Hong

Read more
29 Apr 2015 08:28

Bank Of Ireland Says Trading In Line On Better Market Conditions

Read more
31 Mar 2015 12:46

Bank of Ireland shares drop 9% after Fairfax halves its stake

Shares in Bank of Ireland dropped 9% on Tuesday after Canada's Fairfax Financial Holdings sold half of its 5.8% stake in the Irish lender, say press reports. According to a report run by Reuters, Fairfax Financial plans to sell 2.9% of its stake, or 935 million of its shares, netting it a €266m prof

Read more
27 Feb 2015 11:29

TOP NEWS: Lloyds Banking Resumes Dividends After Return To Profit

Read more
27 Feb 2015 09:43

Bank Of Ireland Swings To Profit In 2014 With "Favourable" Outlook

Read more
27 Feb 2015 08:23

UK MORNING BRIEFING: Lloyds Banking Returns To Dividend List

Read more
26 Oct 2014 18:23

Ireland's permanent TSB to raise capital after EU stress-tests

Ireland's permanent TSB Group did not meet pass Sunday's European Central Bank stress-tests, prompting the firm to clarity that most of the capital short-fall has already been largely covered. The ECB's stress tests were based on its assessment of European banks' balance sheets as of 31 December 201

Read more
11 Jun 2014 15:42

DIRECTOR DEALINGS: Bank Of Ireland Director Wilbur Ross Sells Entire Shareholding

LONDON (Alliance News) - Bank of Ireland Governor & Company Wednesday said Wilbur Ross Jr, a director and major shareholder, resigned as a director of the bank and he along with certain funds connected with him sold approximately 1.8 billion shares, representing 5.5% of the issued share capital,

Read more
10 Jun 2014 08:31

Bank Of Ireland Investor Ross Jr Sells Remaining Shares, Resigns As A Director

LONDON (Alliance News) - Bank of Ireland said Tuesday that American investor Wilbur Ross Jr has resigned as a director of the bank and has sold off his remaining shares of around 1.8 billion units in the lender. Bank of Ireland said it had been notified by Ross Jr of his resignation as a Di

Read more
25 Jul 2011 09:41

Private investors pour in €1.1bn for stake in Bank of Ireland

A consortium of unidentified investors plan to invest up to €1.123bn to acquire a large stake in Bank of Ireland, which would help the embattled Irish lender escape majority state ownership. According to the deal, the State has agreed to sell 4.2bn shares, representing approximately 14% stake in th

Read more
17 Jun 2011 06:04

Friday newspaper round-up: Greece, Standard Chartered, Santander

The economic crisis in Greece threatens the survival of the euro, the common destiny of Europe and its peace and stability, President Sarkozy of France said yesterday. Europe's two most powerful leaders, Mr Sarkozy and Angela Merkel, the German Chancellor, meet today to try to save the single curren

Read more
24 May 2011 08:58

Moody's may downgrade UK banks

Shares in UK banks took a knock after the ratings agency Moody's said it is considering downgrading Lloyds Banking, Royal Bank of Scotland and 12 other banks in response to the UK regulator appearing less willing to bail out lenders in the future. "The reassessment is not driven by either a deterio

Read more
14 Apr 2011 17:56

Net loss slashed at Bank of Ireland

The underlying loss before tax at struggling Irish lender Bank of Ireland widened in 2010, as the company booked a €2.24bn loss on the sale of assets to the National Asset Management Agency (NAMA), the so-called "bad bank" set up by the Irish government. The underlying loss before tax expanded to €

Read more
1 Apr 2011 14:57

Sector movers: Banks rise on Ireland hopes

Financial stocks are in demand today, with banks performing strongly following the Irish banking stress tests yesterday. Irish banks are unsurprisingly leading the way amid hopes the government's plans will keep the sector out of harm's way. Bank of Ireland is sharply higher. British banks such as

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.