If there are people out there who are still happy to have deposits with AIB and want a GBP account then the below may be of interest.
AIB are now paying the world's highest ( according to interest-rates.org.uk ) rate for GBP 1 year term deposits of 3.5%. A 3.5% GBP rate has a EUR equivalence of 4% due to the lower BOE base rate. This is AIB's fourth hike of GBP rates in recent months.
There has to be a reason for these ongoing GBP increases at AIB and the fact that AIB are paying world leading GBP rates. Maybe the BOE are putting pressure on AIB for a plan to remove BOE liquidity dependence or perhaps AIB are having yet more GBP liquidity issues.
Anyway, the rates are below:
[broken link removed]
AIB are now paying the world's highest ( according to interest-rates.org.uk ) rate for GBP 1 year term deposits of 3.5%. A 3.5% GBP rate has a EUR equivalence of 4% due to the lower BOE base rate. This is AIB's fourth hike of GBP rates in recent months.
There has to be a reason for these ongoing GBP increases at AIB and the fact that AIB are paying world leading GBP rates. Maybe the BOE are putting pressure on AIB for a plan to remove BOE liquidity dependence or perhaps AIB are having yet more GBP liquidity issues.
Anyway, the rates are below:
[broken link removed]
12 Month Fixed Rate Bond - Issue 8 Rates for a 12 month term
Sterling
3.50% Gross / 3.50% AER