Investors Found AIB Story Very Attractive, CEO Says

The transcript discusses AIB's investment plan, highlighting its appeal due to the strong Irish economy and efficient business model. It addresses state ownership, management autonomy, and AIB's ambitions for global expansion. The strategy for reducing non-performing loans is outlined, along with a discussion on stock purchase during a closed period.

What makes AIB's business model attractive to investors?

• Focus on international expansion

• Strong capital levels and a robust Irish economy

• Complexity and high risk

• High levels of state ownership

How does AIB manage its relationship with the state?

• The state frequently interferes with business decisions

• The board is responsible for strategic direction with a framework in place

• The state has no involvement in the business

• The state directly manages daily operations

What is the significance of the Irish state's ownership in AIB?

• It provides a framework for the board to operate independently

• It requires AIB to focus solely on the Irish market

• It prevents AIB from making any strategic changes

• It allows the state to control all business decisions

What is AIB's primary focus for the next few years?

• Expanding aggressively into the US market

• Maintaining efficiency and capitalizing on the Irish market

• Focusing solely on retail banking

• Rebuilding its presence in New York

What percentage of the Irish market does AIB currently hold?

• 50%

• 40%

• 20%

• 30%

What is AIB's approach to international markets?

• Only investing in emerging markets

• Exiting all international markets

• Focusing on efficiency and reviewing opportunities in the UK and US

• Aggressively expanding into all international markets

What is AIB's strategy for non-performing loans?

• Ignore non-performing loans and focus on new investments

• Reduce non-performing loans to below 5% of the balance sheet

• Maintain current levels of non-performing loans

• Increase non-performing loans to gain market share