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A number of statements we will be making in our presentation and in the accompanying slides will not be based on historical fact, but will be forward-looking" statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ materially f
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1. Click to edit Master title style 25th July 2011
2. Forward looking statement
3. Agenda
4. Introduction – AIB today AIB exists today due to the support of the Irish Government on behalf of taxpayers
AIB, its shareholders and investors have been severely damaged by events in the past
Working to remove the barriers inhibiting our people from providing customers with the services and products they need
Focus to date on restructuring / recapitalisation – now moving to improve support for customers and the economy
Much work needs to be done and the road to recovery will take time but we will get there
5. Paul StanleyActing Chief Financial Officer
6. Key financial features Operating loss (0.1) (0.2)
Provisions (2.9) (2.3)
Income Tax 0.4 0.4
Underlying loss (2.6) (2.1)
Gain on redemption of sub debt 3.3 0.4
Profit from BZWBK 1.5
Profit / loss for the period 2.2 (1.7)
7. Loan book composition – total €86bn*
8. Transition to domestically focused bank*
10. Non core profile* – June 2011
11. David HodgkinsonExecutive Chairman
12. Progress achieved in 2011 to date
13. Changed leadership
14. Intense series of capital actions
15. Customers at the centre of new operating model
16. New control and risk environment
17. Bernard ByrneDirector of Personal & Business Banking
19. Working to support customers – mortgage arrears
20. Working to support customers – SME support & access Now tracking all loan requests to:
Help customers get to a “yes” by guiding them through the application process
Ensure we do lend to viable businesses
Develop better system oversight
Training and redeploying our people
Reallocating skills to engage constructively with customers
Extensive classroom based training and e-learning modules for over 1,000 staff
150 customer workshops and seminars held nationwide, attended by 9,000 customers
New job creation fund
Much more to do
22. Contacts