AIB Group

AIB Group is a financial services group operating predominantly in the Republic of Ireland and the United Kingdom. Co. provides a comprehensive range of services to personal, business and corporate customers. Co.'s operations are organized along three key segments: AIB Ireland (comprises Personal, Business and Corporate Banking); AIB UK (comprising Allied Irish Bank which offers full banking services to predominantly business customers across Great Britain; and First Trust Bank which offers full banking services to business and personal customers across Northern Ireland); and Group & International (syndicated and international lending in the United States of America and Europe).
  • TickerAIB
  • ISINIE00BF0L3536
  • ExchangeIrish Stock Exchange
  • SectorBanks
  • CountryIreland

Analysts

Expert Corporate Governance Service (ECGS)

AIB Group - AGM 24 April 2019

Items 3 and 4: To authorise the directors to determine the remuneration of the auditors and to approve the continuation of Deloitte as auditor Average non-audit fees incurred over the last three years were 158.8% of audit fees, which is above our limit of 50%.  These fees are considered excessive and may undermine auditor independence.  We recommend that shareholders oppose these resolutions.  Item 7: Approve the Remuneration Policy  The cap on salaries and allowances in the amount of €500,000 (plus pension contributions of 20%) will continue to apply.  This cap was implemented due to the r...

Expert Corporate Governance Service (ECGS)

AIB Group - AGM 24 April 2019

Items 3 and 4: To authorise the directors to determine the remuneration of the auditors and to approve the continuation of Deloitte as auditor Average non-audit fees incurred over the last three years were 158.8% of audit fees, which is above our limit of 50%.  These fees are considered excessive and may undermine auditor independence.  We recommend that shareholders oppose these resolutions.  Item 7: Approve the Remuneration Policy  The cap on salaries and allowances in the amount of €500,000 (plus pension contributions of 20%) will continue to apply.  This cap was implemented due to the r...

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