AIB Bank, which has suffered during Irelands banking crisis has said that it has provided finance for 38% of all residential property transactions* in the first quarter of 2010.
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AIB Bank had announced AIB today announced that it is to increase some of its mortgage rates with effect from close of business on 29th March, 2010.
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AIB Bank, one of the largest in Ireland has said it is ‘less inclined’ to take on new customers who are only interested in gaining a better interest rate for their mortgage.
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AIB Bank has said it has yet to see any evidence of a recovery in the Irish housing market.
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