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AIB Group ( (AIBRF) ) has shared an announcement.
AIB Group announced a reduction in its Pillar 2 Requirement (P2R) by 20 basis points following the 2024 Supervisory Review and Evaluation Process (SREP) conducted by the European Central Bank (ECB), bringing it down to 2.40% from 2.60%. With a fully loaded Common Equity Tier 1 (CET1) capital ratio of 15.8% as of September 2024, AIB maintains a robust capital buffer well above the minimum regulatory requirements, enhancing its financial stability and strategic positioning.
More about AIB Group
AIB Group is a financial services company primarily operating in the banking sector. It offers a range of services including retail, business, and corporate banking with a focus on maintaining strong capital positions in alignment with regulatory requirements.
YTD Price Performance: 31.58%
Average Trading Volume: 13,405
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $13.25B
See more insights into AIBRF stock on TipRanks’ Stock Analysis page.