AIB Group plc Rotten Score Breakdown
Corporate Misconduct
0.0ptsCommunity concern only
Community ratings exist, but no approved evidence has been submitted. Community ratings do not affect the Rotten Score.
Avg Rating: 1.00Ratings: 1Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Human Rights & Exploitation
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Fraud & Corruption
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Deceptive Practices
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Environmental Harm
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Sustainability Deception
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Workplace Misconduct
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Financial Misconduct
30.0ptsNo flavor assigned
Avg Rating: 5.00Ratings: 1Severity Score: 6.00Evidence Count: 1Contribution: 30.0 pts
Misconduct: low 0 · medium 0 · high 1
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
AIB EUR 83.3 million tracker-mortgage enforcement
The Central Bank of Ireland reprimanded and fined Allied Irish Banks p.l.c., the principal banking entity of AIB Group, EUR 83.3 million for 57 admitted regulatory breaches affecting 10,015 tracker-mortgage accounts between August 2004 and March 2022. The Central Bank found long-running failures in customer treatment, including overcharging and failures to respect tracker-rate entitlements. It reported that 53 properties were lost as a result of the failings, including 13 family homes. More than EUR 125 million had also been paid in redress, compensation and account-balance adjustments. The enforcement action is concluded. Source: https://www.centralbank.ie/news/article/press-release-aib-reprimanded-and-fined-83m-by-central-bank-of-ireland-for-regulatory-breaches-affecting-tracker-mortgage-customers-23-june-2022