International growth Allied Irish Banks
allied irish banks logo (1990–2016)
allied irish banks former crest
in 1983, aib invested in first maryland bancorp in usa. in july 1991, aib merged group s interests in northern ireland of tsb northern ireland create first trust bank. in july 1997, aib acquired dauphin deposit corporation merged first maryland bancorp form allfirst in 1999.
concerning poland, aib invested in poland gradually building majority shareholding of 60.1% in wielkopolski bank kredytowy (wbk) between 1995 , 1996. in june 1999, aib reached agreement polish state treasury acquire 80% shareholding in bank zachodni sa. in june 2001, aib completed merger of 2 banks create bank zachodni wbk sa. aib owned 70.5% of combined bank, leading bank in poland in terms of asset size , key product market shares. on 9 september 2010 aib reached agreement sell 66% stake in bz-wbk santander 3.1 billion euro, balance of shares sold on open market. purchase on 66% have forced santander make offer buy entire company.
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