AIB Group PLC (OTCPK:AIBGY)
$ 10.96 0.07 (0.64%) Market Cap: 12.76 Bil Enterprise Value: -14.17 Bil PE Ratio: 5.83 PB Ratio: 0.87 GF Score: 70/100

Full Year 2022 Aib Group PLC Earnings Call Transcript

Mar 08, 2023 / 09:00AM GMT
Release Date Price: $8.3
J. Colin Hunt
AIB Group plc - CEO & Executive Director

Good morning, and welcome to our results announcement for 2022. As usual, I will start with an update on strategy and the economic backdrop and then Donal will bring us through the financials before we will have some time for questions. I've described 2022 previously as a hugely important hinge year for AIB. The year which would see us making significant progress on our strategic ambitions, grow our customer base and our lending book, expand our product range, conclude on legacy issues and maintain our robust capital and liquidity. I'm very pleased with how my colleagues across the group rose to the challenge of the year and delivered what I think is appropriate to describe as a strong performance. We are now very well positioned to deliver for our stakeholders in 2023 and beyond. Given the scale of our exposure to our core market here in Ireland, there is an obvious symbiotic relationship between the well-being of the domestic economy and performance of AIB Group.

Last year saw a very solid performance by the Irish economy and while we

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