AIB profit increase tipped to trigger sale of government stakes

AIB is expected to significantly raise its profitability target on Friday, which will kickstart a major sale of government stakes in the bank, taking taxpayers’ share to 50 percent for the first time in a decade.

Analysts believe AIB could raise its forecast for annual returns above 10 percent and into the mid-teens when it updates its medium-term forecast Friday morning.

https://www.independent.ie/business/irish/aib-profit-upgrade-tipped-to-trigger-state-share-disposal-42189517.html AIB profit increase tipped to trigger sale of government stakes

Fry Electronics Team

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