TIDMAIBG

RNS Number : 8926N

AIB Group PLC

14 May 2018

 
   14 May 2018

AIB Group plc CONFIRMS MREL REQUIREMENT

AIB confirms that the Central Bank of Ireland has formally communicated to us the minimum requirement for own funds and eligible liabilities ("MREL") for AIB Group plc, as determined by the Single Resolution Board.

The MREL target set equates to 28.04% of RWA per the December 2016 Balance Sheet and must be held at AIB Group plc level by 1 January 2021.

This is in line with expectations and previously stated guidance of EUR3bn - EUR5bn of issuance.

-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

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCFKNDPKBKBKPD

(END) Dow Jones Newswires

May 14, 2018 02:00 ET (06:00 GMT)

Aib (LSE:AIBG)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Aib Charts.
Aib (LSE:AIBG)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Aib Charts.