Ireland joins holdco ranks with popular Bank of Ireland debut

By Tyler Davies
14 Sep 2017

Bank of Ireland got Irish banks off the mark with meeting their targets for minimum requirement for own funds and eligible liabilities (MREL) this week, selling its first trade from its holding company into a strong pool of demand.

Allied Irish Banks (AIB) could be next in line once it has established a holding company of its own. The process was delayed in June following its initial public offering.

AIB said in its half year results that it had manageable issuance targets of between €3bn ...

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