Reportedly, the allied Irish bank is one of the four major banks in Ireland; the others being the bank of Ireland, permanent tsb and the national Irish bank, a wholly owned subsidiary of the Danish Danske bank. The aib offers life insurance and pensions through Irish life assurance, part of the Great-west Lifeco group, a canadian holding company.
Reportedly, in 2008 the aib and the bank of Ireland accepted €3.5 billion in financial aid from the Irish government. According to the report, other payments to the aib and ebs totalled €20.7 billion. Reportedly, on 17 June 2017 the government announced the stock launch of allied Irish banks might result in bank value of €13.3 billion, the launch took place on 23 June 2017.
Aib shares are currently listed on the Irish and London stock exchange. Reportedly, between 2010-17 they were delisted due to nationalisation. According to a report aib own aib group plc. registered in northern Ireland, it is governed by the financial services authority, uk.