AIB and its subsidiary EBS have been hit with a record-breaking €96.7 million fine by the Central Bank for their role in the tracker mortgage scandal.
AIB has admitted to 57 separate regulatory breaches.
AIB face an €83.3 million fine for a series of significant and long-running failings in the treatment of its tracker mortgage customers holding 10,015 mortgage accounts between August 2004 and March 2022.
A further €13.4 million fine was dealt to subsidiary EBS for consumer protection breaches, bringing the total to €96.7 million.
It's the largest fine imposed by the Central Bank to date.
There were 21 family homes lost due to AIB's part in the scandal - The Central Bank says AIB put its interests before the interests of their customers.
