AIB Group

Reduces its fixed rate mortgage pricing

  • Sectors : Banks
  • Companies : AIB Group

Ratings and price correct at time of issue.

  • AIB Group

    Closing Price: 407c

  • RATING 23/01/19

  • PREVIOUS RATING 14/08/18

    NEUTRAL

DAVY VIEW

The reduction in fixed rate mortgage pricing effectively expands AIB’s product set as it previously concentrated on its variable rates, with its fixed rate pricing at a premium to that of its peers. The importance of fixed rates continues to grow in the market, and today’s move by AIB reflects this as it seeks to ensure that its products are appropriately positioned.

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Apr 9 2019, 08:10 IST/BST

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