Allied Irish Banks
The Allied Irish Banks (AIB ) is an Irish business banking group. It is one of the four largest commercial banks in Ireland and operates one of the largest branch networks in Ireland. The banking group was founded in 1966 by the merger of the Provincial Bank, the Royal Bank of Ireland and the Munster & Leinster Bank. The headquarters of Allied Irish Banks is located in Dublin, Ireland. The company was a member of the ISEQ Overall Index on the Irish Stock Exchange.
The Allied Irish Banks employ nearly 26,000 employees worldwide (as of 2007 ). In the wake of the financial crisis, the Bank was supported in 2009 by the Irish Government with a financial rescue package amounting to 3.5 billion euros and went to 19 percent over state-owned; presented in December 2010, the State another rescue package amounting to 3.7 billion euros available and took over the control of the bank.