AIB Group PLC AIB_CBI Countercyclical Buffer Requirement (8911T)
06 July 2018 - 9:02PM
UK Regulatory
TIDMAIBG
RNS Number : 8911T
AIB Group PLC
06 July 2018
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 5(th) 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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END
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