David Hodgkinson

AIB may exceed mortgage restructuring target

AIB may exceed mortgage restructuring target

AIB will meet or exceed central bank targets for restructuring mortgages, the bank’s chairman David Hodgkinson has told its annual general meeting this morning. Hodgkinson said that the state-owned bank is still targeting a return to operating profit after loan losses this year before posting net…
Mortgage arrears rise at AIB

Mortgage arrears rise at AIB

The level of mortgages in arrears in AIB has risen to 16%, the bank revealed today. At its AGM in Dublin, chairman David Hodgkinson forecast a further increase in the number of loan impairments this year before stabilising at the end of 2012. AIB says…