Completion of sale of AIB Merchant Services.


    05 September 2025 11:00:28
  • Source: Sharecast
RNS Number : 2304Y
AIB Group PLC
05 September 2025
 

05 September 2025

 

AIB Group plc completes the sale of minority shareholding in AIB Merchant Services

 

Further to the announcement on 6 June 2025, AIB Group plc ("AIB") today announces that it has completed the sale of its minority stake in AIB Merchant Services ("AIBMS") to Fiserv, Inc. ("Fiserv") (the "Transaction") following regulatory clearance and satisfaction of customary closing conditions.

 

In line with previous guidance, the Transaction is expected to result in a circa 35bps positive impact on AIB's CET1 capital ratio. In 2024, AIB recognised income of €34m relating to AIBMS in its income from equity accounted investments line.

 

 

 

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Contact details:

Niamh Hore

Will Goodbody

Investor Relations

Media Relations

Tel: +353-86-3135647

Tel: +353-86-8502204

email:  niamh.a.hore@aib.ie  

          

email:  will.r.goodbody@aib.ie  

 

 

Forward Looking Statements

This document contains certain forward looking statements with respect to the financial condition, results of operations and business of AIB Group and certain of the plans and objectives of the Group. These forward looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward looking statements sometimes use words such as 'aim', 'anticipate', 'target', 'expect', 'estimate', 'intend', 'plan', 'goal', 'believe', 'may', 'could', 'will', 'seek', 'continue', 'should', 'assume', or other words of similar meaning. Examples of forward looking statements include, among others, statements regarding the Group's future financial position, capital structure, income growth, loan losses, business strategy, projected costs, capital ratios, estimates of capital expenditures, and plans and objectives for future operations. Because such statements are inherently subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward looking information. By their nature, forward looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward looking statements. These are set out in the Principal risks on pages 17 to 20 in the 2024 Annual Financial Report and updated on page 30 of the Half-Year Financial Report 2025. In addition to matters relating to the Group's business, future performance will be impacted by the Group's ability along with governments and other stakeholders to measure, manage and mitigate the impacts of climate change effectively. Future performance could also be impacted by macroeconomic uncertainty, tariffs, geopolitical tensions and global conflict. Any forward looking statements made by or on behalf of the Group speak only as of the date they are made. The Group cautions that the list of important factors on pages 17 to 20 of the 2024 Annual Financial Report and updated on page 30 of the Half-Year Financial Report 2025 is not exhaustive. Investors and others should carefully consider the foregoing factors and other uncertainties and events when making an investment decision based on any forward looking statement.

 

 

 

 

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