Positive news for offshore savers

A new brand, AIB International Savings Limited, has been launched. Earlier this year Anglo Irish Bank Corporation (International) PLC became a wholly owned subsidiary of Allied Irish Banks, p.l.c. (“AIB”) effective 25th February, 2011.

From Monday the company name changed to AIB International Savings Limited to reflect the change of ownership to AIB.

“The launch of the new brand is a significant development”, said David MacGregor, managing director of AIB International Savings Limited. “It reaffirms AIB’s commitment to and the importance of the international savings market.”

Mr MacGregor added: “Our aim is to make the change to AIB International Savings Limited as seamless as possible for our clients; in that regard there will be no significant changes in the day-to-day operation of our clients’ accounts. Our staff remain committed to delivering a high standard of customer service and we will be seeking to continually enhance the customer experience.”

He emphasised that the launch of the new brand will have no immediate impact on the terms and conditions, interest rates or operation of accounts for existing depositors of the Bank.

Mr MacGregor said that over the coming months AIB International Savings Limited is planning to launch a number of new savings products to complement the existing portfolio of award winning products.

For more information on AIB International Savings Limited and their current product range, visit aibinternational.co.im.