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Rebrand to AIB NI in November 2019 |
Rebrand to AIB NI in November 2019 |
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'''AIB (Northern Ireland)''', part of the [[AIB Group]], is a [[commercial bank]] in Northern Ireland. It forms part of one of the [[Big Four (banking)#Ireland|Big Four]] banks in Ireland. The bank was created in 1991 when ''[[Trustee Savings Bank|TSB]] Northern Ireland'' merged with the AIB Group's other interests. The bank can trace its existence back to 1816 with the founding of the ''Belfast Savings Bank''. The bank
Allied Irish Banks confirmed plans to sell off the bank in April 2010 as part of plans to raise capital<ref>{{cite news |title=First Trust staff 'shocked' at sale |publisher=[[BBC News]] |date=2 April 2010 |url=http://news.bbc.co.uk/1/hi/northern_ireland/8598265.stm}}</ref>, however these plans were subsequently shelved and instead the bank announced investment plans starting in 2014.<ref>Oral evidence given by First Trust Bank at a Northern Ireland Affairs Committee hearing in the House of Commons on 29 January 2014. See p31 https://publications.parliament.uk/pa/cm201314/cmselect/cmniaf/uc650-xi/uc650xi.pdf</ref> The bank traded as First Trust in Northern Ireland until November 2019.|url=http://www.northernirelandchamber.com/member-news/first-trust-bank-announces-will-rebrand-aib/}}</ref>
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