Banking Services
Allied Irish Banks' UK division, with total assets of €15.1 billion (approx £10 billion), operates in two distinct markets, Northern Ireland and Great Britain (where it operates as Allied Irish Bank (GB)), with different economies and operating environments. AIB Group (UK) p.l.c., registered in the UK and regulated by the Financial Services Authority, operates as the legal entity for the division.
In the Northern Ireland market, the division operates under the trading name First Trust Bank from 44 full service branches throughout the region. The First Trust Bank Head Office is located in Belfast, together with the Business Services Centre. A full service is offered to business and personal customers, across the range of customer segments, including personal customers, small and medium sized enterprises, and the corporate sector. Specialist services, including mortgages, invoice discounting and asset finance are based in Belfast and delivered throughout the division (the credit/debit card operations were split in 2007, with the Card Issuing business transferred to the AIB Head Office in Dublin in 2007, and the Card Acquiring (merchant) business becoming a joint venture with First Data Merchant Services in 2009). First Trust Independent Financial Services provides sales and advice on regulated products and services, including protection, investment and pension requirements to the whole of the division.
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