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Last checked at 
6 Jul 2018 12:02
6 July 2018 |
AIB Group plc
Central Bank of Ireland Countercyclical Buffer Requirement
AIB Group plc notes the introduction of a CCyB of 1% by the Central Bank of Ireland to be applied from 5th July, 2019. Based on current exposures this would have the impact of increasing AIB's capital requirements by 0.71%. AIB is very well capitalised (17.1% Fully Loaded CET1 at end Q1 2018) and comfortably in excess of minimum capital requirements. The Bank has a fully loaded CET1 target ratio of 13%, we continue to believe this is appropriate.
-ENDS-
For further information, please contact:
Niamh Hore | Stephen O'Shea / Paddy McDonnell |
Investor Relations | Media Relations |
AIB Bankcentre | AIB Bankcentre |
Dublin | Dublin |
Tel: +353-1-6411817 | Tel: +353-1-7720456 / +353-1-6412869 |
email: niamh.a.hore@aib.ie | email: stephen.p.o'shea@aib.ie paddy.x.mcdonnell@aib.ie |
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