Allied Irish Bank (GB)

That’s it for another #BICCConference! Hilary Gormley, Managing Director, AIB UK articulated how AIB has a long legacy of supporting customers in UK and ROI on the ‘UK-Ireland Financial and Professional Services: Pathways to Prosperity’ panel.   The discussions were rich and thought-provoking, particularly around how the UK and Ireland can further strengthen our economic ties through collaboration in #Fintech, #SustainableFinance, and cross-border ventures. Hilary said: “At AIB, our purpose is to empowering people to build a sustainable future. Our strategy is centred on an informed view of our customers’ needs and anchored in a progressive ESG agenda. We do this by working in partnership with our customers, getting to know their strategy and the progress they want to make. It’s an approach that has stood us in good stead and we have a proud history of delivering customer solutions that support their business ambitions. Since 2019, the UK and Republic of Ireland banks have operated under one AIB brand and there is no doubt that increased collaboration better supports our customers. Huge thanks to the panelists for such an insightful session. We’re excited to see how these conversations will drive future collaboration and growth across both countries.” Pictured are Cathal O'Connor, Head of Corporate Banking AIB UK, Simon Harris, Taoiseach, Hilary Gormley Managing Director AIB UK.   #FinancialServices #UKIreland #Collaboration #FutureGrowth #Innovation #BICC #PathwaysToProsperity

Headline speakers announcement 🎤 We’re excited to announce that the headline speakers for this year’s AIB Sustainability Conference are: Edward Norton, Environmentalist, Entrepreneur and Actor; and Mary Robinson, Former President of Ireland and Chair of the Elders. Register now 👉 https://lnkd.in/evXDyiFn #Ad

AIB and Goodbody were delighted to host a networking reception with AIB Group CEO Colin Hunt in our new London offices last week. The reception also celebrated our move to 70 St Mary Axe, demonstrating our ongoing commitment to the GB market. Hilary Gormley, Managing Director at AIB UK said: “It was fantastic to welcome everyone as we celebrated our move to our new offices in St Mary Axe. Our new office is more than just a physical space; it symbolises our commitment, ambition and aspirations for continued growth in the GB market. As an established bank in the UK, AIB’s key focus is to support corporate clients in key industries. We have deep sectoral expertise backed by a strong financial profile to fulfil the wide-ranging needs of our clients. Furthermore, a key priority for the bank is to support our customers in the transition to a low carbon future. Our new office is an excellent location for colleagues and clients in the heart of the city.”

AIB is delighted to announce that the AIB GB Healthcare team has been selected as a finalist for the Lender of the Year category at this year's LaingBuisson awards. This recognition is a strong endorsement of our team's continued support for the healthcare sector.

AIB is delighted to celebrate Connecting Cultures Week with celebrations of the histories, cultures and contributions of our colleagues hosted by our Origins+ Network. Our Inclusion and Diversity Networks provide year-round support and education for our colleagues, promoting empathy, cultural awareness and allyship.

At AIB, we’re committed to empowering a sustainable future, reducing our carbon footprint and supporting our customers to do the same. It has been a privilege to once again support MRP Investment & Development and McAleer & Rushe on the construction of the most significant new office building in Leeds City Centre, which places sustainability at the heart of its operations. With an ‘Excellent’ BREAAM accreditation, City Square House building is fully electric powered, has a smart management system, as well as electric vehicle and e-bike charging facilities. Paddy McGuigan, UK Manager, Commercial Real Estate at AIB said: “It’s a privilege to have been the banking partner to our long-standing client MRP as they continue to showcase the benefits of sustainable, high spec commercial spaces for cities. AIB has supported MRP on a local and national level, and it’s great to see the organisation drive best-practice in sustainable built environment through show stopping developments like City Square House.”     Sustainability is at the heart of the AIB Group strategy as it seeks to protect our people, our prosperity and our planet from the devastating impact of climate change by reducing its own carbon footprint and supporting our customers to do the same. AIB’s purpose is empowering people to build a sustainable future, with an ambition that 70% of new lending will be green or transition by 2030. It is progressing that goal through the deployment of the €30 billion Climate Action Fund and through its new Climate Capital segment, which will focus on established renewable technology in North America, the UK and Europe. 

AIB GB is delighted to provide £32.75 million, as part of a wider syndicated loan of £64 million, to support the expansion of Hotel Group Pandox. Pandox is a hotel portfolio company consisting of 157 hotels in 11 countries. This deal will specifically support the DoubleTree by Hilton in Bath, The Hilton in Belfast, and The Queens Hotel in Leeds, all of which are recent acquisitions for Pandox. Emma Young, Head of Syndication at AIB GB, said: “This is a significant deal for AIB GB that signals our commitment to the UK hospitality sector. It is always great to be involved in deals that support UK tourism, as we recognise its importance for the larger economy. AIB GB is pleased to have been able to support Pandox as it looks to grow its business in the UK, and expand its offering in the hotel and leisure sector more generally.”

The AIB team was delighted to support North Star in this transaction which amplifies their vision for a sustainable future via business growth even further.    James Tremaine, Energy & Infrastructure Team, said: “We were delighted to support this highly experienced management team with their strong vision for growing the business. North Star offers a critical energy support service, it’s well- positioned to take advantage of the growth potential within the offshore wind sector. Our experience is that the more sustainable lending we do, the more capital we can attract to finance such investment.”   Supporting businesses to be sustainable and to ensure the economy is sustainable is a key focus for AIB. Our new Climate Capital segment will maintain this global outlook, focusing on established renewable technology in North America, the UK and Europe.   AIB’s Climate Action Fund has increased to €30bn by the end of 2030, supporting the delivery of our ambition to have a net zero portfolio by 2040 and by 2050 including Agriculture. Recognising rising customer demand and the need to do to more to help combat climate change, we have been accelerating the roll out of support and services that assist customers in reducing their carbon emissions. Our purpose is empowering people to build a sustainable future, and sustainability remains at the heart of our Group ambitions. Learn more here 👉 https://lnkd.in/g6RqjwkM

Personal customers who have experienced domestic abuse can request to opt out of confirmation of payee. This stops your account details being checked when an individual tries to pay you. For more information visit our website. https://lnkd.in/eGz4fqmX

AIB is delighted to announce the return of our AIB Community €1 Million Fund 👐 Nominations are open until 12th June. Visit aibgb.co.uk/community to nominate the charity that matters most to you. Pictured L to R: Denise Curran, AIB Community €1 Million Fund ambassador, Michelle Emerson, Head of UK Legal and Chair of the UK Charity Forum at AIB and Lisa Toan, Childcare Services Coordinator at Sólás Autism and Additional Needs Charity. #ad