AIB Group PLC (LSE:AIBG)
£ 4.515 0.09 (2.03%) Market Cap: 10.41 Bil Enterprise Value: -10.78 Bil PE Ratio: 6.23 PB Ratio: 0.91 GF Score: 66/100

Half Year 2021 AIB Group plc Earnings Call Transcript

Aug 04, 2021 / 08:00AM GMT
Release Date Price: £1.92 (+4.12%)
J. Colin Hunt
AIB Group plc - CEO & Executive Director

Good morning, ladies and gentlemen. I'm Colin Hunt, CEO of AIB. And on behalf of all my colleagues across the group, I want to welcome you to the presentation of our interim results for 2021. I'll be updating you on the strategic progress we've made in the first 6 months of this year and on our plans for the years ahead. And then Donal Galvin, our CFO, will bring you through the financial details of the performance in the first half. .

In December of last year, we presented our plan to transform AIB Group. And we also presented our updated financial targets out to the end of 2023. And today, I am pleased to report that the execution of that transformation plan is proceeding at pace as we prepare AIB for a post-COVID reality. The group is already benefiting from an improving economic outlook. And the outlook is brightening as the vaccination program rolls out at pace. As the Irish banking landscape is reshaped, our strong customer franchise, our national physical presence and our attractive digital offering position us very well for the

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