Mr. Buckley: The main businesses of Allied Irish Banks are retail and commercial banking businesses in the Republic of Ireland, in Northern Ireland, in the United Kingdom, in the USA and in Poland. Then in addition to that we have a number of specialist businesses which come under the heading of our AIB capital markets division, and we also have a specialist business in the United States which focuses on the banking and financial services needs of the not-for-profit sector in the US.
TWST: What's the most important in terms of revenue for AIB?
Mr. Buckley: The most important from a revenue point of view is the
Republic of Ireland retail and commercial banking business, which
accounts for about 44% of our pre-tax profits. After that, our USA
business or regional banking franchise, in the mid-Atlantic area of the
USA, which trades under the name of Allfirst, accounts for about 25% of
our pre-tax profits. Our retail and commercial banking business in
Northern Ireland and Great Britain accounts for about 23% of our pre-tax
profits; and Poland accounts for 8%.
Tickers included in this excerpt: ALBK.L
For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.