AIB increases interest rates in wake of ECB decision
14/08/2006 - 14:10:45Allied Irish Bank increased its interest rates by a quarter of 1% in response to the latest rise in the European Central Bank's main lending rate.
The bank says the changes will come into effect from close of business tomorrow.
The move will see interest on mortgages and personal loans increasing to 4.45% and 10.45% respectively.
The interest on SSIA and online savings accounts will increase to 3% and 4% respectively.
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