Following the European Central Bank’s increase to 1.25% of their base lending rate – AIB has confirmed similar increases to its lending and deposit rates effective from close of business on 19th April.
Allied Irish Bank ECB Tracker mortgages and all deposit rates will increase in line with the ECB rate change.
The rates on AIB’s Standard Variable Rate and Loan to Value variable rate mortgages remain under review.
Other AIB lending rates will be increasing by 0.25% – these include loan and overdraft rates for personal customers and certain loan and overdraft rates for business customers.
Other lenders in Ireland already announced mortgage rate rises